Five leading cryptocurrency firms received conditional approval from the OCC for national trust bank charters, marking a pivotal regulatory shift in digital asset oversight.
Fidelity is a privately owned investment manager.
Fidelity Investments Inc., commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American multinational financial services corporation based in Boston, Massachusetts.
It is one of the largest asset managers in the world with $2.46 trillion in assets under management as of March 2018 and a combined total customer asset value number of $6.7 trillion. Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, wealth management, securities execution and clearance, and life insurance.
Five leading cryptocurrency firms received conditional approval from the OCC for national trust bank charters, marking a pivotal regulatory shift in digital asset oversight.
Solana price stabilizes near $134 despite macro uncertainty, supported by Fidelity’s Solana ETF filing and Pump.fun crossing $900M in revenue.
Fidelity’s custody arm, National Financial Services, recently secured a 12.9% stake in Metaplanet, after it acquired 84.4 million shares, worth approximately $820 million.