Fidelity Offers Professional Investors Access to a New World: Trading Bitcoin


Fidelity Investments said it will store and trade digital currencies for hedge funds and other professional investors, becoming one of the first Wall Street giants to step into this volatile corner of the financial world.

The new business, Fidelity Digital Asset Services LLC, is currently setting up accounts for some new clients and will open more broadly early next year. Fidelity will deal for now in bitcoin and ether, the world’s two most-valuable digital currencies, but intends to expand into additional assets in the future,…

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