Financial Corporation, Fidelity Investments, under which assets are at $7.2 trillion, announced the launch of the new Fidelity Digital Asset Services interested in cryptocurrency institutional investors. They offer round the clock working platform for the conclusion of cryptocurrency transactions, custodial services and advice. This is the first decision of its kind which will have companies on wall street.
According to the head of Fidelity Investments Abigail Johnson (Abigail P. Johnson), the company’s goal is to make more available to investors digital assets such as bitcoin. Head Fidelity Digital Asset Tom Jessop (Tom Jessop) expects that a new opportunity will be interested in hedge funds, management companies, family funds and large investors.
The launch of the platform scheduled for early 2019, however, the company argued, she already had her first customers. They will be able to take advantage of the cold storage scriptactive and multi-level system of physical and cyber monitoring – based security protocols, taking into account the high demands on Fidelity and best practice in this area. But in transactions on the new platform company will act as a broker, which routes the requests for execution at the most favorable prices on other sites.
We will remind, the information that Fidelity Investments is considering launching its own cryptocurrency exchanges appeared in June of this year. A month later, Abigail Johnson announced that the company is working on several products related to cryptocurrency and Baccano, and some of them can be released until the end of the year.
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