About Fidelity Digital Assets
Fidelity Digital Asset Services, LLC is a newly created company, established by Fidelity Investments, which is one of the world’s largest financial services providers, which boasts as much as $7.2 trillion in client assets.
Fidelity Digital Asset Services offers enterprise-quality custody and trade execution services for cryptocurrencies to institutional investors including hedge funds, family offices and market intermediaries.
In particular, the comapny focuses on providing:
– Institutional-Grade Custody of Digital Assets wherein it provides a secure, compliant, and institutional-grade omnibus storage solution for bitcoin, ether and other digital assets;
– Trade Execution, where the company leverages internal crossing engine and smart order router, which, in its turn, allows for execution at multiple market venues;
– Dedicated Client Service, under which Fidelity Digital Asset dedicated team of client service specialists supports each client right from onboarding and throughout the entire relationship with the company.
Fidelity Digital Asset Services, as well as its parent company – Fidelity Digital Asset Services offers enterprise-quality custody and trade execution services for cryptocurrencies to institutional investors Fidelity Investments, believes that distributed ledger technologies can enable entirely new business models, which would lead to the creation of frictionless capital markets and improvement of existing market infrastructure.
Fidelity Digital Assets Details
Fidelity Digital Assets News
Fidelity may soon enter into the nascent cryptocurrency market in a move expected to turn the tides. the $2.46 trillion behemoth asset manager is taking its time.
It seems that Morgan Stanley may be working on its crypto initiatives. The financial industry giant is currently watching how the situation with Fidelity unfolds.
The new bill by Wyoming classifies digital assets as property while legalizing its uses in other blockchain-based financial services.
Mike Novogratz has announced once more that he is confident bitcoin will become a store of value in future even overtaking gold for that purpose to become the ultimate digital gold.
Mike Novogratz, the chief executive of the TSX-listed Galaxy Digital, made a surprising remark that came straight out of left field saying that he doesn’t understand why large macro funds don’t have a 1% position in Bitcoin (BTC).
Looking into Bitcoin for a while, global giant broker TP ICAP decided to eventually enter the crypto game. The broker announced the expansion of its services now offering Bitcoin futures trading.
Today, June 17, 2019, at 09:00 UTC, Raven Protocol went live on Binance DEX in pair with BNB and now is trading at $0.003 (0.00009 BNB) which is almost x2 from the IDO price which was 0.00005 BNB per RAVEN.
Billionaire Bitcoin cynic Warren Buffett agrees to give heed to the emerging blockchain technology. Following a $4.6 million USD bid by Tron CEO – Justin Sun to host a power lunch, along with Litecoin’s Creator – Charlie Lee as Guest Speaker.
In a twist of events, JPMorgan is looking for experts with sound Bitcoin tech for the possible development of its own blockchain networks. The company also states that Bitcoin futures are more ‘understated’ than its actual importance in the market.
Founder of Zilliqa confirmed that they are looking for more partnerships in order to widen their network and become a worthy competitor to the likes as Visa or Mastercard. They recently went into a partnership with Mindshare, a 30 billion turnover group, with whom they are working on an end-to-end reconciliation platform for the digital advertising industry.
Per the report, Facebook and dozens of its partners will unveil the Libra Association, which will be based out of Geneva, as the entity that will oversee the company’s Libra cryptocurrency project. During the event, the company is also expected to launch the testnet of its blockchain.
Two blockchain startups partnered up to enable Amazon consumers use Ethereum for payments. For this to come true, CLIC Technology is collaborating with Opporty for an app-like browser extension.