fidelity investments

Charles Schwab Eliminates Commissions for Stock and ETF Trading
October 2nd, 2019

Charles Schwab will be eliminating its online trading commissions for U.S. stocks, ETFs starting on October 7. The move slashed Schwab stock by 9.7%.

Indoor Fitness Startup Peloton Files for an IPO with $915 Million in Revenue
August 28th, 2019

Indoor fitness startup Peloton gears up for an IPO after strong fiscal 2019 ending June. The company generated over $900 million in revenue and is valued at over $4 billion.

Abu Dhabi’s Mubadala Supports Cryptocurrencies via MidChains
August 12th, 2019

The Abu Dhabi sovereign wealth fund Mubadala Investment Capital endorsed cryptocurrencies by investing in a crypto-asset exchange MidChains.

WeWork Wants to Go Public in September, Sooner than Expected
July 24th, 2019

WeWork Cos. is looking to go public in September, people familiar with the company’s plans said, in what’s expected to be the second-biggest initial public offering of the year. The only bigger IPO would be the one of Uber.

Fidelity-Backed Blockchain Accelerator Attracts Over 50 Mentors
July 19th, 2019

The blockchain accelerator program called Startup Studio which is backed by Fidelity Investments and 20 other companies, has managed to attract over 50 mentors.

Fidelity, Amazon and Deloitte Supporting New Blockchain Accelerator
July 12th, 2019

Fidelity, Deloitte, Amazon, and 20 other firms are backing a new blockchain accelerator program that is set up by IDEO CoLab Ventures, a venture arm from design firm IDEO.

Fidelity Digital Assets Hiring New Blockchain Professionals
July 12th, 2019

Judging by recent news, Fidelity Digital Assets, the company which just recently announced that they are adding Bitcoin to their asset managing services, now is seeking for 10 new blockchain experts.

Fidelity International Exploring Blockchain by Cryptocurrency Testing
July 9th, 2019

Both the European and Asia branches of Fidelity International are exploring the perception of customers towards cryptocurrencies via a newly launched trading simulator specifically designed for digital assets.

Room Full of Bitcoin Miners: Fidelity Strongly Believes in Crypto
May 27th, 2019

One of the most prominent Wall Street names, Fidelity Investments, still believes in Bitcoin and continues to mine it.

Coinbase May Soon Buy Xapo’s $5.5 Billion Bitcoin Custody Business
May 17th, 2019

Coinbase is in advanced talks to buy custody provider Xapo. The deal will cost around $50 million for the US major cryptocurrency exchange. However, the decision hasn’t been made yet.