Fidelity’s Cryptocurrency Company is Live

Fidelity successfully launched their crypto clearly and custody company. Right now it is only for institutional clients.

This is a bit like JPMorgan coin, but unlike Bakkt and an ETF, where it is a case of traditional institutions and their clients embracing crypto, but not a case of traditional institutions broadening access for the average investor.

Still, the fact that companies like JPMorgan and Fidelity are launching crypto-based products despite the looming bear market is a hint that crypto’s future is still rather bright.

For the full story, see CNBC’s Fidelity’s new cryptocurrency company is up and running despite a bear market for digital coins.

Author: Thomas DeMichele

Thomas DeMichele has been working in the cryptocurrency information space since 2015 when was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord),...

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