Bitcoin [BTC] and other cryptocurrencies are slowly being adopted by institutional investors says Fidelity official
The recent news of Fidelity entering the cryptocurrency space has sent shockwaves throughout the industry with many claiming this move to be a catalyst towards mass adoption. In a recent interview with Bloomberg, an official from Fidelity spoke about the company’s entry into the digital asset market and gave his two cents on the institutional investor scene in the cryptocurrency space.
The official stated that Fidelity, which is originally an asset management organization, has been doing research on cryptocurrencies such as Bitcoin [BTC] since 2014. He was candid in stating that the company wanted to draw out a full-fledged plan before venturing into the space. According to him, Fidelity aims to provide various bodies and individuals the tools to manage the cryptocurrency space. He further added:
https://ambcrypto.com/bitcoin-btc-and-other-cryptocurrencies-are-slowly-being-adopted-by-institutional-investors-says-fidelity-official/
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