{"id":9451,"date":"2018-10-16T00:00:00","date_gmt":"2018-10-16T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2018\/10\/16\/ethereum-eth-fidelity-institutional-trading-custody-bitcoin-ethereum\/"},"modified":"2018-10-16T00:00:00","modified_gmt":"2018-10-16T00:00:00","slug":"ethereum-eth-fidelity-institutional-trading-custody-bitcoin-ethereum","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/ethereum-eth-fidelity-institutional-trading-custody-bitcoin-ethereum\/","title":{"rendered":"Ethereum [ETH] Fidelity Opens Institutional Trading and Custody Platform for Bitcoin and Ethereum"},"content":{"rendered":"
Fidelity Investments, one of America\u2019s leading brokerage firms has revealed plans to introduce a cryptocurrency trading platform<\/strong> for institutional investors.<\/span><\/p>\n The brokerage giant wants to make it easier for investors to get exposure to the volatile industry. The new service will be called Fidelity Digital Asset Services. <\/span><\/p>\n The news was reported<\/a><\/strong> on Monday 15<\/span>th<\/span><\/sup> October by CNBC citing Tom Jessop \u2013 the founding head of new unit – who said that the focus of the new service would be on hedge funds, endowment funds, family offices, and other institutional investors, at least for the start. According to Jessop, <\/span><\/p>\n \u201cFamily offices, hedge funds, and other sophisticated investors are starting to think seriously about this space.\u201d<\/em><\/span><\/p>\n Jessop also announced that the services will be supporting the two most prominent cryptocurrencies\u00a0 <\/strong>Bitcoin and Ethereum as plans are being put in place to incorporate more digital assets.<\/span><\/p>\n