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Fidelity Moves to Establish New Digital Asset Business Supporting European Institutional Investors

From fidelity.com

Fidelity Investments®, one of the world’s most diversified financial services firms, today announced that it is establishing a new entity to serve European institutions investing in digital assets. Fidelity Digital Assets, Ltd. will offer access to enterprise-quality custody and trade execution services for digital assets to investors such as hedge funds, family offices and market intermediaries. This business builds upon the company’s 2018 launch of Fidelity Digital Asset Services, LLC (“Fidelity Digital Assets SM”), a New York state-chartered limited liability trust company that already provides these services to ... (full story)

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