Fidelity makes it clear: Bitcoin volatility is worth the risk for institutions
A new report shares a number of notably bullish sentiments with regard to Bitcoin and the larger crypto industry. In a recently released report titled Bitcoin Investment Thesis, Fidelity Digital Assets demonstrated how portfolio managers could increase their returns by allocating a portion of their holdings to Bitcoin (BTC). The report also speculated that in the near future, increased institutional interest could expand Bitcoin’s market capitalization by hundreds of billions of dollars.Source: Fidelity Digital Assets.To support its thesis, Fidelity simulated sample portfolios starting....
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Fidelity Digital Asset Services has revealed the company is expanding into Asia and plans to help high-net-worth investors and family offices in the region with custodial crypto products. Fidelity is working with the Singaporean startup Stack Funds, a fully-insured custody operation servicing traditional financial institutions. Fidelity Investments Inc., is an American multinational financial services corporation that operates a subsidiary called Fidelity Digital Asset Services (FDAS). As of June 2020, the Boston-based Fidelity is one of the largest asset managers worldwide with $3.3....
Fidelity Digital Assets is adding support for Ethereum trading for institutional trading effective at the end of the month. The news comes through a widely amplified screenshot of a leaked email that was reportedly sent to the firm’s clients. Lets take a look at what we know in the early days around this leak, with realized support for Ethereum expected to be just a week away. Fidelity Digital Assets Makes A Big Stride Fidelity Investments operates one of the biggest financial institution behemoths on the planet, and has shown continued investment in their digital asset division.....
Fidelity Digital Assets, the digital arm of Fidelity Investments, is set to double its staff this year to reinforce and meet the mounting demand of clients who continuously invest and trade in crypto assets 24/7. Currently having 200 employees, Fidelity Digital, with over $4.5 trillion worth of assets, is looking to hire people for the […]
Fidelity Digital Assets is partnering with crypto lender BlockFi for the new business angle.
Institutional involvement in crypto, especially in Ethereum, has increased in 2022 despite the bear market, according to the latest findings of a Fidelity Digital Assets survey. Institutions' investment in crypto has increased in 2022 despite the bear market, according to a recent survey by Fidelity Digital Assets. In particular, the amount of large investors betting on Ethereum have doubled in the last two years, as revelead by Chris Kuiper, the Head of Research at Fidelity Digital Assets in a recent interview with Cointelegraph. “The percentage of respondents saying they were invested in....