Fidelity in “full rollout” of crypto custody and trading

posted 9 months ago
Fidelity Digital Asset Services (FDAS) is “now engaged in a full rollout” of its custody and trading services, expanding from the limited trial users in the platform’s final test stage. Fidelity Investments CEO Abigail Johnson said “Fidelity started adding clients in the first quarter and is now engaged in a full rollout of its custody and trading services for digital assets — a boon to what is a fragmented and complicated industry.”

While there are several platforms providing similar services, Johnson said Fidelity’s large client base and network were distinct advantages she went on to say “...have the existing relationships with the independent advisers.” On crypto, in general, Johnson said, “If you’re either interested or technically adept, then it’s not really that big of a deal.”
Tags: bitcoin, news