cryptoknowmics.com
According to a document distributed by the investing company, Fidelity Digital Asset's corporate investors will be able to invest in ether (ETH) starting on October 28. Fidelity, the parent firm of Fidelity Digital Assets, has adopted this action as the next step in making cryptocurrency accessible to institutional clients. The giant asset management company announced earlier this month that, after raising around $5 million since sales began on September 26, has launched a new Ethereum Index Fund for certified investors.
Investors are Free To Trade Ether
The business informed institutions in a message that went viral on social media that investors would be able to purchase, sell, and transfer ether, leveraging the same operational efficiencies, high security, and devoted client service model given for bitcoin investments today. The financial services business Fidelity Investments has a separate division called Fidelity Digital Assets that specializes only in digital assets. The business began operations in 2018 with bitcoin trading and custodial services, and in 2019 it was granted a trusted charter by the authority for financial services in New York.
Recent Works of Fidelity Investments
On September 12, Fidelity Investments planned to make bitcoin trading available to retail clients. A day later, Fidelity Digital Assets, Charles Schwab, and Citadel Securities announced they would start EDX Markets, a digital asset exchange. Then, in a Securities and Exchange Commission (SEC) filing on September 26, Fidelity Investments stated that it would introduce a new Ethereum Index Fund. In recent months, Fidelity firms have also advertised a number of vacancies for cryptocurrency careers, with vacant posts such as a crypto wallet product owner at Fidelity Digital Assets.