Fidelity, managing $ 2.4 trillion, will launch cryptoproducts until the end of 2018

The fourth largest financial company in the world of Fidelity Investments, the assets of $ 2.4 trillion assets announced the development of products related to cryptocurrency and launch plans until the end of 2018.

Now Fidelity Investments serves investors from 100 countries, by insurance, pension funds, distribution of funds and brokerage activities. However, the company wants to enter a new level by adding products associated with cryptocurrent and blockchain to the list of its services. About this at the Boston Conference FINTECH stated the Director General of Abigail Johnson.

According to her, at the moment the holding is developing a number of unique proposals. The general director refused to give additional information about future products, but said that he was hoping for their launch by the end of this year.

Fidelity Investments has been interested in cryptocurrency for a long time and publicly speaks about the prospects of this direction. Ebigeyl Johnson said they developed many options for proposals associated with Bitcoin, ether and other coins, but refused or temporarily stopped work on most of them. This is due to the fact that the finished result was very distinguished from the initial idea. Therefore, now the company tries to listen to the market and offer exactly what is necessary.

Recently, Morgan Stanley announced that he plans to trade