Fidelity to Expand Reach of Institutional Clients to Altcoins
Regardless of all the FUD out there, the space is continuing to gain momentum one day at a time.
Fidelity Digital Assets is currently looking into potentially adding XRP, Stellar, Bitcoin Cash, EOS and Litecoin for their New Crypto Trading Platform.
https://www.fidelitydigitalassets.com/overview
At the Block FS conference in New York, the head of Fidelity Digital Assets Tom Jessop said the following:
“I think there is demand for the next four or five in rank of market cap order. So we will be looking at that.”
The platform already offers crypto services to more than 13,000 clients.
“We saw that there were certain things institutions needed that only a firm like Fidelity could provide. We’ve got some technology that we’ve repurposed from other parts of Fidelity. We can leverage all of the resources of a big organization.”
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