Fidelity Launches Institutional Crypto Data Analytics Platform
Fidelity Investments' latest product is designed to help institutional clients with their crypto investments.
BitGo, Coinbase, Gemini, Kraken and Fidelity are putting an anti-money laundering solution up for consideration.
The two bitcoin ETF bids join four others under official review with more still pending.
The platform will launch later this year, offering bitcoin trading initially with ether to be added thereafter.
New SEC filings show the investment giant’s Wise Origin Bitcoin Index Fund is one of the largest of its kind.
The main driver of Fidelity’s increasing involvement in the crypto space is client interest, Mike Durbin said.