Fidelity
Crypto Exchange Backed by Fidelity, Schwab and Citadel Launches With Additional Investors
EDX Markets has a different business model than other crypto exchanges, which regulators like, its CEO Jamil Nazarali told CoinDesk in an interview in April.
Republicans Plan to Reintroduce Legislation to Prevent Crypto Restrictions in 401(k): Politico
The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said.
Fidelity Digital Assets' Head of Institutional Crypto Exits Role
Chris Tyrer joined Fidelity Digital Assets as its first U.K. employee four years ago.
Fidelity International-Backed Exchange OSL Cuts Workers Amid Crypto Winter: Bloomberg
Hugh Madden, CEO of OSL's parent company, cited current market conditions.
Bankman-Fried's FTX Empire Holds $1.2B Cash Reserves; Senators Ask Fidelity to Reconsider Bitcoin 401(k)
Sam Bankman-Fried's FTX empire has $1.2 billion in cash as of Nov. 20, far below the $3.1 billion it owes its top 50 creditors. Fidelity should reconsider allowing retail clients exposure to bitcoin in their retirement accounts in light of the FTX collapse, said three Democratic senators in a letter on Monday. Bitcoin miner Core Scientific (CORZ) ended October with $32.2 million in cash and 62 BTC ($975,000), reiterating it may run out of money before the end of the year.
US Senators Ask Fidelity to Reconsider Bitcoin 401(k) Offerings Following FTX Collapse
Fidelity now allows companies to offer its digital assets account as part of their 401(k) line up.
Institutional Investors Will Be Scared Away From Crypto for Some Time: Strategist
Who is going to stand to benefit from the FTX collapse? "People with big names and very large balance sheets," says Opimas CEO and founder Octavio Marenzi, referencing Fidelity and BNY Mellon. Plus, his outlook on institutional investment in crypto.
Fidelity Opens Waiting List for Retail Crypto Product
The launch is another sign of the investment giant's interest in crypto.
Bear Market Didn’t Slow Institutional Interest in Crypto, Says Fidelity Survey
The fourth annual study showed that 74% of institutional investors want to purchase crypto in the future
Fidelity’s Crypto Platform to Add Ether Trading for Institutional Clients
The move comes after Fidelity launched a new Ethereum Index Fund for accredited investors.