Financial Services Giant Fidelity is Launching a Crypto Trading Platform

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Total News – Atlanta, GA 10/16/2018. United States financial services giant Fidelity Investments has announced that it will launch a new crypto trading platform called Fidelity Digital Assets.

The new crypto arm will provide enterprise-grade custody solutions, a cryptocurrency trading execution platform and institutional advising services 24 hours a day, seven days a week.

Fidelity Digital Asset is scheduled to be available early 2019. The service will be available to institutions like "hedge funds, family offices and market intermediaries," but not to the retail investor.

Fidelity Investments CEO Abigail Johnson said in a release:

"Our goal is to make digitally native assets, such as bitcoin, more accessible to investors. We expect to continue investing and experimenting, over the long-term, with ways to make this emerging asset class easier for our clients to understand and use."

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