In a recent presentation for the Securities and Exchange Commission (SEC), Fidelity Investments argued the merits of approving its Bitcoin exchange-traded fund (ETF).Read more
A recent study by Fidelity Digital Assets indicates that 71% of institutional investors plan to buy or invest in digital assets in the future.
According to the study, Fidelity Digital Assets expects institutional interest to continue to grow in time.
Fidelity Digital Assets is planning on expanding in staff by 70% following a surge in institutional interest in the crypto space.
The firm is set to hire an additional 100 employees in technology and operations.
Fidelity Digital Assets had decided to accept Bitcoin as a form of collateral against cash loans.
Fidelity Investments has demonstrated its faith in Bitcoin (BTC) and will begin giving institutional customers the option to put up Bitcoin as collateral against loans.Read more
Fidelity Digital Asset Services has announced a new partnership with the digital investment platform Stack Funds for the purpose of satisfying crypto investment demand from high-net-worth individuals in Asia.Read more