Report: Fidelity to Roll Out Crypto Trading ‘Within a Few Weeks’ via @coindesk

As reported by CoinDesk, “Financial services giant Fidelity Investments is said to be launching cryptocurrency trading service soon.

“A Bloomberg report on Monday, citing ‘a person familiar with the matter,’ said that Fidelity will roll out the service for trading bitcoin ‘within a few weeks’ and will focus on institutional, not retail, customers. …

“… Just last week, Fidelity published a survey saying that institutional investors are increasingly open to adding digital assets in their portfolios. Around 22 percent of investors already have some exposure to digital assets, while 40 percent said they are open to taking the plunge in the next five years.

“Having over $7 trillion assets under management, Fidelity also launched cryptocurrency custody service earlier this year. The giant recently hired a former head of digital assets project from investment bank Barclays.”