The fact that Fidelity Securities’ subsidiary Fidelity Digital Assets will start providing trading services to institutional investors within a few weeks has been known from information provided by Bloomberg.
The company, which launched a bitcoin custody service earlier this year, has already provided encryption asset investment related services to some institutional investors.
According to the sources, Fidelity is supposed to offer trades to customers through Robinhood and brokerage through E * Trade.
A survey of over 400 institutional investors by Fidelity has shown that traditional securities firms such as the company are preferred as custodians over crypto-specialized financial firms.
In addition, about half of the target institutions answered that “the digital asset should be incorporated into the portfolio” in the same survey, and Fidelity is in a good situation that can start trading service with the demand from institutional investors also being met. It is thought that it is not.
Fidelity Investments Publishes Opinion Survey Report on Institutional Investors’ Cryptographic Assets
Article Source: Bloomberg
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Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/fidelity-to-lauch-trading-in-a-few-weeks/
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