Fidelity
Asset Management Giant Fidelity Adds to Crypto Offerings With Ethereum Index Fund
The fund has raised about $5 million since sales opened in late September
EDX Markets CEO: This Will Bring in ‘Large Number of Investors on the Sidelines’
Financial heavyweights including Charles Schwab, Citadel Securities and Fidelity Digital Assets are backing new crypto exchange EDX Markets, led by Jamil Nazarali. “The reality is, you’re going to have an intermediary either way,” he says, addressing crypto’s philosophy of being an asset class without a middle man.
Schwab, Citadel Securities, Fidelity, Other Wall Street Firms Start Crypto Exchange EDX Markets
The exchange will be led by Jamil Nazarali, a former senior executive at trading giant Citadel Securities.
Dick Durbin Joins US Senators Criticizing Fidelity’s Plan to Include Bitcoin in 401(k) Plans
A joint letter with Sen. Tina Smith and Sen. Elizabeth Warren calls Fidelity’s plans “immensely troubling.”
Scanning, Trying and Scaling: Fidelity’s Journey in Digital Assets
Fidelity Investments Chairman and CEO Abby Johnson joins Castle Island Ventures' Founding Partner Matt Walsh at Consensus 2022 to discuss the changes Fidelity made for the evolution of digital assets.
Fidelity Digital Assets Plans to Double Staff This Year: Report
The firm is planning to add 110 employees in tech roles, including engineers and developers with blockchain experience.
US Labor Department Has ‘Grave Concerns’ About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans, Wall Street Journal Reports
The Labor Department is scheduled to meet with Fidelity to express concerns.
Bitcoin Slips Toward $38K After Rally Fizzles
Russia's suspension of gas supplies to Poland appeared to darken the largest cryptocurrency's failed attempt to hold gains above $40K, market analysts say.
Circle Raises $400M as BlackRock Explores USDC
USDC issuer Circle has raised $400 million in a recent funding round which included Wall Street leaders BlackRock and Fidelity. “The Hash” group discusses USDC’s potential as the dominant stablecoin for payment services and possible integrations of blockchain technology into traditional financial services.