Fidelity Will Soon Offer Cryptocurrency Trading

Fidelity Investments said that it will allow its institutional customers to buy and sell Bitcoin “within a few weeks” according to a story in Bloomberg; the company already has a custody service to allow the storage of Bitcoin making it an early mover among large investment managers; in a survey that Fidelity released last week it said that 47% of institutional investors think digital assets make a worthwhile investment; they are currently running a pilot with a select set of clients. Source.

  • Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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