Bitcoin is drawing in the banking world's core customers, Fidelity exec says The Scoop Befektetés Fidelity Digital Assets — the cryptocurrency division of multi-trillion asset manager Fidelity — is among the several firms fidelity crypto trading the institutional bitcoin wave.
FDA, which launched amid a bitcoin bear market inoffers trading and custody services to a wide range of institutional firms. On this episode of The Scoop, Fidelity's Christine Sandler — a veteran of the trading world — walked through the breakneck growth of the crypto market in the past six months and explained how Fidelity has positioned itself during this period.
Sandler, who previously fidelity crypto trading positions at Coinbase, New York Stock Exchange, and Barclays, said Fidelity's crypto unit experienced 4x growth during and is currently working with hedge funds, corporates, family offices, and registered investment advisers.
So whether it was corporations adopting it and putting assets on their balance sheet, or hedge funds beginning to approach this from a strategic perspective, registered investment advisors, family offices, ultra-high net worth individuals.
She said that these banks have sought out partners as they look to enter the market.
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Visit Kraken. További epizódok Fidelity crypto trading Digital Assets — the cryptocurrency division of multi-trillion asset manager Fidelity — is among the several firms riding the institutional bitcoin wave.