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Israeli blockchain startup Clear has raised $13 million in a Series A round led by Fidelity-backed Eight Roads.Clear — which develops blockchain networks for high-volume transaction systems between businesses — announced the round’s completion in a statement via TechCrunch on Feb. 5.Eight Roads is a global venture firm that
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Fidelity Digital Assets (FDAS) envisions a future where custodians work behind the scenes to store cryptocurrency for other firms’ clients, like supermarkets putting their brands on third-party products. “The way we think about it is, you can build your own infrastructure but that’s really expensive,” Christine Sandler, head of sales and
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Fidelity Investments’ cryptocurrency branch Fidelity Digital Assets is expanding to the United Kingdom.“We plan to provide our services to European institutional investors through our U.K.-registered entity, Fidelity Digital Assets, Ltd,” a Fidelity Digital Assets representative told CryptoX on Dec. 17, saying:“We recognize that the regulatory requirements for service providers
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“We’re also encouraged by continued corporate and venture investment in market infrastructure companies as well as the entry of traditional exchanges into the digital assets ecosystem," Jessop said. "These and other market indicators, alongside interest expressed from U.K. and European client prospects, indicate a market with increasing potential which gives
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Tom Jessop, the president of Fidelity Digital Assets, the cryptocurrency trading arm of United States financial services giant Fidelity, announced that the firm may add support for Ether (ETH) in 2020 is there is sufficient demand for it. During an interview with industry news outlet TheBlock published on Dec. 13, Jessop
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Fidelity Digital Assets expects to sign its first crypto exchange partner by year-end, giving clients access to a broader pool of liquidity. Source
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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
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Fidelity Investment’s digital currency arm has been licensed by the New York Department of Financial Services to operate a platform on which
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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
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The New York Department of Financial Services has granted Fidelity Digital Assets Services (FDAS) a charter to operate as a limited liability trust company to custody digital currencies and execute crypto trading. Source
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