• Home
  • Currencies
  • Funds
  • Rewards
  • Events
  • Careers
logo

Cryptorank News

  • Home
  • Currencies
  • Funds
  • Rewards
  • Events
  • Careers
News

$7T Financial Giant Fidelity To Offer Crypto Trading For Its 13,000 Institutional Clients – Big Money Is About To Enter The Market

  • May 7, 2019

$7T Financial Giant Fidelity To Offer Crypto Trading For Its 13,000 Institutional Clients – Big Money Is About To Enter The Market

Reports are coming out that Fidelity Investments is preparing to launch its crypto trading services in the upcoming weeks, marking an important step in the space as far as institutional investment goes.

Fidelity will begin helping institutional clients buy and sell Bitcoin in the coming weeks.

Eventually every financial services company will do this.

If Bitcoin achieved $100+ billion market cap without institutional interest, imagine what happens when the smart money joins.

— Pomp 🌪 (@APompliano) 6 мая 2019 г.

Bloomberg first reported the development, with a source close to the entity telling the publication that it will happen in “a matter of weeks” and that the bitcoin trading service is aimed at institutional customers.

Fidelity spokeswoman, Arlene Roberts. told Bloomberg in an email,

We currently have a select set of clients we’re supporting on our platform. We will continue to roll out our services over the coming weeks and months based on our clients’ needs, jurisdictions, and other factors. Currently, our service offering is focused on Bitcoin.

The arrival of Fidelity’s crypto services has been a major talking point since it was announced. Like Bakkt, investors and experts alike believe that the arrival of crypto services for big money players would mark a change in perception of the market, and perhaps spur retail investors who have been on the fence about digital asset investment to enter the market.

Fidelity recently released the results of a survey that showed institutional investment was growing.

You Might Like
Uncategorized

Crypto Fundraising. May 2023

CryptoRank

CryptoRank Portfolio Tracker Now Supports Aptos

Events

The Web3.Conference: HOW WAS IT?

Leave a Reply Cancel reply

Recent Posts

  • Crypto Fundraising. May 2023
  • CryptoRank Portfolio Tracker Now Supports Aptos
  • The Web3.Conference: HOW WAS IT?
  • World Token Summit: Spearheading Dubai’s foray to become a global hub for crypto & blockchain activity
  • Web3 Berlin Set to Host Europe’s Biggest Crypto & NFT Conference in June
Bitcoin Price by Cryptorank

Categories

  • AMA Recap
  • Analysis
  • Careers
  • CryptoRank
  • Currency Market
  • Education
  • Events
  • ICO Reviews
  • Investment
  • Mining
  • News
  • Press Releases
  • Uncategorized

Cryptocurrency Prices

Popular Posts

  • News

    YoBit.Net Review 2020: the exchange that strikes

  • AMA Recap

    Evanesco AMA Recap

  • Education, News

    What are Leveraged ETFs & How Do They Work in Crypto?

Market State by Cryptorank
logo

Cryptocurrency news blog and investment strategy guide. All you need to know about ICOs, education, reviews, mining, and more.

RISK DISCLAIMER: The information contained on this website is not investment advice. Trading financial instruments carry a high level of risk and one for which we strongly advise you to consult with your registered investor advisor.

Products
  • Exchanges
  • ICO’s
  • Web3 Crypto Portfolio
  • Alerts
  • Watchlist
  • Analytics
Contact us
  • List your ICO on CryptoRank
  • List your token on CryptoRank
  • Any questions: info@cryptorank.io
Recent Posts
  • Crypto Fundraising. May 2023
  • CryptoRank Portfolio Tracker Now Supports Aptos
  • The Web3.Conference: HOW WAS IT?
© 2023 cryptorank.io