Nexo Partners with Fidelity Digital Assets

From blockworks.co

Crypto firm Nexo is partnering with Fidelity Digital Assets to boost institutional access to digital assets by offering custodial and lending services. Nexo, a specialist of cryptocurrency-collateralized credit, and Fidelity Digital Assets as a custodian and collateral agent, will develop a product suite and compliant infrastructure for institutional investors seeking exposure to the asset class. “On the one hand, what brought Nexo and Fidelity Digital Assets together was that we felt the pressing need to directly address institutional investors’ challenge of safely storing digital assets, which has historically ... (full story)