Home > Fidelity

Galaxy Digital Partners With Bakkt and Fidelity in Creating “Elderly” Bitcoin Funds

Galaxy Digital Holding Ltd. started two new Bitcoin funds special because, well, they’re meant to be for a specific demographic profile of investors.Mike Novogratz (54) decided to use the fact that there is plenty of wealthy Americans aged 50-80 and, until now, they were pretty much into more traditional types

Read More

Fidelity Digital Asset Services Now Authorized to Operate Crypto Custody Platform

Fidelity Digital Asset Services, LLC (FDAS) has procured a charter from the New York State Department of Financial Services (NYDFS) to operate a virtual currency custody and execution platform.Per a Nov. 19 press release, the NYDFS authorized FDAS to operate as a limited liability trust company and run a

Read More

New Product Specialist Joins Fidelity to Focus on Crypto Strategy

Fidelity Investments has hired Michael Zinaman as its product specialist to further develop a range of products in the company.Fidelity’s strategy on cryptocurrenciesOn Nov. 12, the Block reported that Michael Zinaman had joined financial services company Fidelity Investments. Zinaman will reportedly oversee the company’s strategy on cryptocurrencies, custody and

Read More

Fidelity Investments Fully Rolls Out Crypto Custody Service, Exec Says

American financial services company Fidelity Investments has fully launched its cryptocurrency custody service.Abigail Johnson, CEO of Fidelity Investments, revealed the development in an interview with the Financial Times published on Oct. 18. Johnson said that the company is ready to roll out its crypto custody business following a year-long

Read More

Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

Independent public charity Fidelity Charitable has received $100 million in cryptocurrency donations, according to its recently published report.In its “2019 Giving Report,” Fidelity Charitable illustrated account development throughout 2018, and provided insights into its growth since its establishment. Generally, the number of donors reached 204,292 in 2018, while back

Read More