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Fidelity Digital Assets intends to support Ethereum in 2020

As reported by The Block, “If the client demand is there, then Fidelity Digital Assets could support Ethereum in 2020. “In a recent episode of The Scoop, the venture’s president Tom Jessop told The Block that the firm has ‘done a lot of work on Ethereum’ when asked if they would soon offer custody for […]

By Chris Sykora · December 16, 2019
Fidelity Digital Assets intends to support Ethereum in 2020

As reported by The Block, “If the client demand is there, then Fidelity Digital Assets could support Ethereum in 2020.

“In a recent episode of The Scoop, the venture’s president Tom Jessop told The Block that the firm has ‘done a lot of work on Ethereum’ when asked if they would soon offer custody for the digital currency. Launched at the beginning of 2019, Fidelity Digital Assets (FDAS) offers cryptocurrency custody and trading tools for institutional investors and traders. Still, the firm has only supported bitcoin — a fact that some say keeps FDAS from truly competing with crypto-native firms like Coinbase and BitGo…”

Continue to read the full story at The Block.