Fidelity plans NFT marketplace and financial services in the Metaverse
Newly filed trademark applications outline a long list of possible avenues for the firm in the Metaverse.
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Institutional investors are buying through crypto winter: Survey
Institutional investors continue to see the long-term potential of crypto and have been loading their bags throughout the year, according to a survey.
US Senators Urge Fidelity to Stop Offering Bitcoin in 401(k) Plans Citing FTX Collapse, ‘Serious Problems’ in Crypto Industry
Several U.S. senators have called on Fidelity Investments to reconsider allowing bitcoin in 401(k) retirement plans. “The recent implosion of FTX, a cryptocurrency exchange, has made it abundantly clear the…
US Lawmakers ‘Strongly Urge’ Fidelity to Reconsider its Bitcoin 401(k) Initiative
The American senators – Elizabeth Warren, Tina Smith, and Richard Durbin – advised Fidelity Investments to reconsider its decision to allow investors to add bitcoin to their retirement 401(k) plans.…
Fidelity Investments Launching Commission-Free Retail Crypto Trading for Bitcoin and Ether
Fidelity Investments, one of the world’s largest brokerage firms with $9.9 trillion in assets under administration, is launching Fidelity Crypto, a service that allows retail investors to trade bitcoin and…
Fidelity, ForUsAll Start Rolling Out Crypto for Retirement Plans
Fidelity – a $4.5 trillion asset manager– said this fall that some of its 401(k) retirement plans have begun adding Bitcoin to their investment menus. Similarly, San Francisco-based 401(k) provider…
Fidelity to Offer Bitcoin and Ethereum Trading to Retail Investors
Investment giant Fidelity appears to finally be granting its retail investors access to Bitcoin and Ethereum trading. The $4.5 trillion asset manager has established an early access waitlist for users…
Fidelity: 74% of Institutional Investors Surveyed Plan to Invest in Digital Assets
A new study by Fidelity Digital Assets, a subsidiary of financial giant Fidelity Investments, shows that 58% of institutional investors surveyed invested in digital assets in the first half of…
Bear Market Didn’t Hurt Crypto Fundamentals, Claims Fidelity
On Oct. 27, the portfolio and asset manager published its “2022 Institutional Investor Digital Assets Study,” an annual report shedding light on the crypto industry from an institutional perspective. The…
Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take
Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the…
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