Fidelity May Formally Launch Its Crypto Custody Service in March
The storage component of Fidelity Digital Asset Services (FDAS) is already live, with some assets under management.
Fidelity is launching cryptocurrency trading service for institutional customers “within a few weeks," according to Bloomberg source.
Financial services giant Fidelity hired Chris Tyrer, former head of Barclays' digital assets project.
The crypto-focused branch of the major asset manager is looking to grow its team with the addition of 10 new roles across blockchain and trading.
Coinbase's director of institutional sales, Christine Sandler, has left the crypto exchange for Fidelity Investments, sources said.
Fidelity Digital Asset Services is in its "final testing" phase, the company said in a blog post Thursday.