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Fidelity is preparing to launch Ethereum trading next week

Fidelity is preparing to launch Ethereum trading next week

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Answer Fidelity is preparing to launch Ethereum trading next week

Fidelity Digital Assets has sent an email to clients announcing that it will offer Ethereum custody and trading services this month.

What was indicated by “Fidelity” the following:

With the Ethereum integration complete, many investors are looking at Ethereum through a new lens.

Wherever you are in the exploration of Ethereum, its digital currency ETH which is currently the second largest digital asset by market capitalization, Fidelity Digital Assets has the capabilities to help.

Investment firm Fidelity will add upcoming institutional Ethereum capabilities to the Fidelity Digital Assets platform on October 28, 2022, explaining:

Investors will be able to buy, sell and transfer Ethereum, and have access to the same operational privilege, strong security, and customized customer service model offered to Bitcoin investments today.

Read:Dubai grants temporary approval to “CryptoCom” to provide crypto services

Fidelity Digital Assets, a subsidiary of Fidelity Investments, is an institutional custody and trading platform for digital assets that operates as a separate business.

Fidelity began researching bitcoin and developing blockchain solutions in 2014.

She created the investment firm Fidelity Digital Assets after seeing demand from her clients.

The company indicated on its website:

Today, we serve hundreds of organizations worldwide.

The company is also offering the Fidelity Ethereum Index Fund, which is available to accredited investors with a minimum investment of $50,000, according to a filing with the Securities and Exchange Commission (SEC) earlier this month.

A spokesperson for Fidelity said:

We have continued to touch and see customer demand for exposure to non-Bitcoin digital assets.

Read:Binance intends to launch 10 platforms to buy cryptocurrencies for cash

Read also:

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