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Crypto Exchange ErisX Raises $27.5 Million From Fidelity, Nasdaq Ventures and Others

Crypto exchange ErisX has raised $27.5 million from Fidelity Investments and Nasdaq Ventures, among other investors, Reuters reports Dec. 4Nasdaq is the world’s second largest stock exchange, while U.S. investment firm Fidelity administers over $7.2 trillion in client assets.According to Reuters, ErisX will offer both on spot trading in Bitcoin

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Why Are Novogratz, Fidelity, And Bakkt Banking On Institutional Crypto Investors?

It goes without saying that Galaxy Digital, a digital asset-centric merchant bank, has been beaten and bruised in recent months. Months ago, to remain coherent with its appearance on the Toronto Stock Exchange, the startup was required to divulge its Q1 balance sheet, which wasn’t pretty, to put it lightly. However,

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We Will Provide Missing Link for Institutional Investors, Says Fidelity Crypto Head

The president of Fidelity Digital Asset Services has spoken about the company’s plans in an interview, such as the decision not to launch an in-house exchange, how it intends to attract more institutional investors, and why it’s crypto offering is focused on custody and trade execution.Crypto Paired with More Traditional

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Crypto Week In Review: Fidelity, Goldman Sachs Adopt Crypto Custody

To say that these past seven days were bullish for crypto would likely be an understatement. Fidelity and Goldman Sachs, two prominent Wall Street giants, doubled-down on their cryptocurrency efforts, while already-established companies in this industry continued their unbridled expansion efforts.But, if the crypto industry had a bullish week, why didn’t

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Fidelity introduces cryptocurrency custody; seeks to beat Wall Street competition

The cryptocurrency space continues to grain traction despite the ongoing bear market. Financial services companies are realizing the potential of the nascent market and are working to take advantage of that potential. In this view, Fidelity has introduced cryptocurrency custody services to serve institutional cryptocurrency investors. According to the Boston Globe,

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