Financial Giant Fidelity launched a platform for trade and storage cryptocurrency

The fifth largest financial holdings of the world of Fidelity Investments, managing $ 7.2 trillion assets 27 million customers, announced the opening of the Fidelity Digital Asset Services division, which will enable institutional investors to store and trade in cryptocurrencies on a par with traditional assets.

Initially, the division will work exclusively with hedge funds, trusted managers, market intermediaries and other major organizations. According to the head of the new company Tom Jessup, representatives of many institutions are interested in digital assets, but for entry into this direction they need a reliable service provider with high levels of service and security, as when working with shares and bonds.

The press release says that the company will offer its customers storage, trade and specialized service. The platform will support Bitcoin (

Tom Jessup added that Fidelity Digital Asset Services will use all the resources of the parent company in order to attract as many of the 13,000 institutional customers as possible in cryptointura. The main task of the division is to make virtual assets more affordable for investors.

Fidelity believes that in the future, cryptocurrencies will play an important role in the financial sector, so they began to study this direction, technology and their features. The company joined other major players developing similar products, including