Tag: fidelity digital assets

Nov 22 2022

US Senators urge Fidelity to drop BTC amid FTX fallout

Fidelity Investments, one of the largest asset managers and 401(k) providers in the world, received another concerned letter from U.S. lawmakers concerned about the FTX fallout. Senators Elizabeth Warren of Massachusetts, Tina Smith of Minnesota, and Richard Durbin of Illinois all signed a letter urging Fidelity to reconsider its exposure to...

Oct 20 2022

Fidelity Digital Assets to offers ETH custody, trading to clients

Fidelity Digital Assets, the cryptocurrency division of $4.5 trillion asset manager Fidelity Investments, will reportedly start providing custody and trading services for Ether to its institutional clients. The crypto division of Fidelity (Fidelity Digital Assets) announced expanded "Institutional Ethereum capabilities" for institutional investors beginning on October 28, 2022, according to an email to customers that […] The post...

Jun 02 2022

Fidelity Digital Assets Hiring 210 New Employees

Fidelity Digital Assets, the digital arm of Fidelity Investments, is set to double its staff this year to reinforce and meet the mounting demand of clients who continuously invest and trade in crypto assets 24/7. Currently having 200 employees, Fidelity Digital, with over $4.5 trillion worth of assets, is looking to hire people for the 210 new positions in the technology, operations,...

Fidelity is doubling its staff to introduce Ethereum offering

Fidelity Digital Assets, a subsidiary of Fidelity Investments, will double its headcount, adding 110 additional tech workers by the end of the year. The new hires, which include engineers and blockchain developers, will work on building the infrastructure needed to support services beyond Bitcoin. Ethereum is coming to Fidelity...

Feb 01 2022

Fidelity Explains Why We Live In a Bitcoin-First World, Plain & Simple

SPOILER ALERT: Asset Manager Fidelity thinks “bitcoin should be considered first and separate from all other digital assets that have come after it.” This is huge, considering the Fidelity Digital Assets division’s website opens with “We envision a future where all types of assets are issued natively on blockchains or represented in tokenized format.” That multichain-focused company recognized Bitcoin’s inherent superiority...

Dec 07 2021

Fidelity To Offer Bitcoin-Backed Loans Through Nexo

Lending institution Nexo has teamed up with the custodian to explore innovative products and tri-party lending agreements to institutional investors.Lending firm Nexo has partnered with institutional custodian Fidelity to bring professional bitcoin products to market, the company said in a...

Nov 17 2021

Fidelity Approved As Canada’s First Crypto Custodian, Is A Bitcoin ETF Next?

Incoming reports from The Globe and Mail suggest that regulators may have just given the nod for Fidelity Canada to start functioning as the country’s first bitcoin custodian. Fidelity Investments Leverages High Investment Interest In Digital Assets The firm was reportedly approved by the Investment Industry Regulatory Organization of Canada (IIROC) in a bid to The post Fidelity Approved As Canada's First Crypto...

Oct 23 2021

Sep 15 2021

Fidelity Pushed the U.S. SEC for a Bitcoin ETF In a Private Meeting

Well, institutional players are using all the muscle to convince the regulators in getting the first Bitcoin exchange-traded fund (ETF) in the U.S. market. As per the latest Bloomberg report, Fidelity Investments pushed the U.S. Securities and Exchange Commission (SEC) to consider a Bitcoin ETF in its recent private meeting with the SEC. President of The post Fidelity Pushed the U.S. SEC for...

Jul 23 2021

Fidelity Digital Assets Crypto Survey: Institutional Hordes Are Coming

In a press release on July 20, Fidelity Digital Assets painted a severely hopeful picture of the crypto-investments environment and the future value of this new assets class. It referred to it’s survey conducted as part of it’s “2021 Institutional Investor Digital Assets Study”. According to Fidelity’s...

Jul 12 2021

Mar 25 2021

Bitcoin (BTC) Corrects 5% Below $53,000 Despite Fidelity Filing for Bitcoin ETF

Mar 25 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

The world's largest cryptocurrency is currently under pressure as the BTC price tanked 5% from Wednesday's levels of around $57,000. This has pushed the BTC price sub $53,000 as the cryptocurrency's valuations drop below $1...

Mar 02 2021

BTC Up 6% Above $49K, Fidelity Director Calls It Digital Gold, CBOE Applies for Bitcoin ETF

In a strong crypto market recovery, Bitcoin (BTC) has surged 6% today making its way to above $49,000 levels. At press time, BTC is trading at a price of $49,147 with a market cap of $916 billion. On Monday, March 1,...

Feb 28 2021

Singapore’s Diginex to Offer USD Loans With Bitcoin As Collateral, Asian Market Stays Hot

Bitcoin (BTC) has had a phenomenal ride over the last year since March 2020 surging 10x until now. Also, it has been a great start to the year 2021, as despite the...

Dec 25 2020

The View on Bitcoin From Inside Fidelity Digital Assets, feat. Ria Bhutoria

The director of research at Fidelity Digital Assets gives her take on the crypto space.

Dec 13 2020

Weekly Round-Up: Bitcoin (BTC) & Ethereum (ETH) Enter Recovery, XRP Drags Further Losses

The last week in the crypto market remained a bit exciting, not in terms of the market movement but in terms of institutional developments happening in the cryptosphere. The overall cryptocurrency market remained under pressure while losing...

Dec 10 2020

Fidelity Digital To Offer Bitcoin Collateral Cash Loans In Association With BlockFi

Fidelity Digital Assets, a subsidiary of Fidelity Investments one of the leading financial service providers, announced that they would offer cash loans against bitcoin collateral to its institutional clients in a press release on Wednesday. The financial service provider would offer these loans in association with blockchain startup Block-fi who would act as a risk The post Fidelity Digital To Offer Bitcoin Collateral...

Dec 09 2020

Fidelity Digital to Accept Bitcoin Collateral on Cash Loans for Institutions

Dec 09 2020 Published at CoinDesk under tags  fidelity digital assets markets news

Fidelity Digital Assets is reportedly partnering with crypto lender BlockFi for the new business angle.

Dec 03 2020

Bitcoin a ‘Potential Store of Value’ That’s Very Volatile: Fidelity Digital Assets Head

Many investors aspire to hold bitcoin as a store of value, but right now the cryptocurrency is very volatile, said the head of Fidelity Digital Assets.

Nov 18 2020

Crypto-Friendly OCC Chief Hints At More Crypto Banks Coming Soon

As the cryptocurrency market marches ahead for the next bull run, the buzz for crypto banks is on the rise. In his recent interview with Forbes, Brian Books, the acting chief of the Office of the Comptroller of the...

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