The Block/Benjamin Friedrich

Fidelity's bitcoin custody business is live: a conversation with Fidelity Digital Assets head Tom Jessop

Quick Take

  • Fidelity’s bitcoin custody business is live
  • The Block sat down with Tom Jessop, who leads Fidelity Digital Assets, to discuss the firm’s launch
  • Jessop also shared details about a survey the firm ran covering 450 institutions about the market, what its trading business will look like, and why it’s not supporting Ethereum custody (yet)
Last October Tom Jessop stepped on stage at an industry conference in New York to debut to the world Fidelity's ambitions to launch a new crypto trading and custody business, Fidelity Digital Assets. Now, part of the platform is live — with five clients. To start, the firm is offering bitcoin custody for crypto native firms, Jessop told The Block in an interview at the Chamber of Digital Commerce's DC Blockchain Summit in the nation's capitol.

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