Fidelity crypto division to offer institutional Ethereum capabilities
Join Our Telegram channel to stay up to date on breaking news coverage Fidelity Digital Assets, the cryptocurrency subsidiary firm of Fidelity Investments, is set to allow institutional clients to trade ETH, the native token of the Ethereum blockchain. Fidelity crypto arm to offer ETH trading The new service exclusive to institutional clients will be launched on October 28, 2022. The launch of this service comes after the company expanded its cryptocurrency efforts by launching an Ethereum Index Fund. Fidelity Digital Assets made a recent announcement on Twitter saying that the launch of “Ethereum capabilities” to institutional clients will allow them to buy, sell and transfer ETH. This feature will be officially launched on October 28. The feature will use the, Same operational excellence, robust security, and dedicated client service model provided for Bitcoin investments. Fidelity has also pointed to the growing interest in ETH. The company said that after t...