Grayscale has a record-breaking Q4 2019 while garnering $225 million in a single quarter. Grayscale says that 71% of its investments came from institutional players who are now showing interest in the company’s other crypto-based products.
Cooperation with Nickel Digital Asset Management is the first partnership of Fidelity Digital Assets in the European market after it opened its London office in December 2019.
The EU clients who admire honest trading and compliance with the laws will have one more crypto trading option offered by the almighty Fidelity.
The new Bakkt open interest record shows strong trading activity on the platform and greater liquidity within the Bitcoin futures market in general.
Citing high client demand, Fidelity Digital Assets is actively planning to support the Ethereum cryptocurrency starting next year in 2020.
A deal between Charles Schwab and TD Ameritrade could create a behemoth with $5 trillion in combined assets and consolidate the industry that has been going through massive disruption.
Tom Jessop has said that Fidelity Digital Assets is ready to handle exchanges and it will officially begin by end of the year.
Michael Novogratz’s crypto merchant bank Galaxy Digital is launching two Bitcoin (BTC) funds, targeting people between the ages of 50 and 80. The new funds aim to bring “the wealth of America.”
Cryptocurrency company Fidelity Digital Assets won a trading license from the New York State Department of Financial Services. The license will enable it to work with New York companies by offering them custody services and cryptocurrency trading.
Fidelity began to bring on clients in the first quarter and is now reportedly engaged in a full launch of digital assets custody and trading services.