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Fidelity, the $2.5 trillion Wall Street giant, is launching a brand new institutional brokerage and custody business for crypto

Quick Take

  • Fidelity has announced they will launch crypto custody and institutional brokerage offerings through a brand new business next year. 
  • Fidelity Digital Assets was announced at an industry conference by Tom Jessop, head of corporate business development at Fidelity. 
  • The Block sat down with Jessop to get the inside look before the announcement. 
Fidelity, the $2.5 trillion asset manager, is diving into the world of crypto with a brand new digital assets business. The financial-services firm, which is known for its retail-brokerage and 401(k) offerings, announced Monday its cryptocurrency custody and brokerage solutions for institutions. The new services will be offered through a new entity, Fidelity Digital Assets, […]

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May 5, 2022, 3:17PM UTC
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