Fidelity Digital Assets started to provide services to c selected eligible investors ”of institutional investors. Fidelity mainly for protection funds, family offices, pension funds and fundraising funds Bitcoin will offer supervision.
Fidelity has been working on it for several months on March 7, using the official Twitter account announced. Fidelity Digital Assets is a branch of Fidelity Investments. The company had recently announced that it was in the final stage of improvements for Bitcoin surveillance operations, which was occupying the crypto money agenda.
Fidelity was first announced in October 2018. Since then, the company has worked with supervisors, evaluated risks and aimed to create appropriate crypto-money space for institutional investors. Even though or selected u customers are targeted, the company wants to extend its service to a wider audience.
In the crypto-money market, Fidelity was started as a bull precursor. In 2019, it began to resemble the expectations of 2018. Last year, institutional investors were expected to be heard in the market, but the wait did not last. This year, Morgan Creek was able to attract 2 pension funds and institutional investors to a Bitcoin investment.
Fidelity currently offers storage and trading to its customers. This provides an opportunity for organizations that want to be in the legal, transparent and reliable crypto-money area. Institutional investors cannot trade crypto money like individuals, so they need solutions like Fidelity. Fidelity currently offers only Bitcoin service, but other crypto money is also planned to be used. Fidelity is thinking of avoiding crypto money, which could be seen as securities for the time being.