Fidelity Investments Launches Platform for Cryptocurrency

Fidelity Investments, one of the world's largest financial services companies, has announced a dedicated cryptocurrency platform for institutional clients - a major validation of digital assets.

Jason Franklin
Jason Franklin

October 15, 2018 · 5 min read

Fidelity Investments Launches Platform for Cryptocurrency

Fidelity Investments, one of the world's largest and most trusted financial services companies with over $7 trillion in assets under administration, has announced the launch of a dedicated cryptocurrency platform for institutional clients. The move represents a major validation of digital assets as a legitimate asset class and signals that the wall between traditional finance and cryptocurrency is rapidly coming down. When a company of Fidelity's size and conservatism decides to build dedicated infrastructure for digital assets, it's a meaningful signal to the entire market.

Removing Institutional Barriers: Bitcoin Enters the Mainstream Portfolio

For years, institutional investors have been cautious about cryptocurrency due to regulatory uncertainty, custody concerns, and extreme price volatility. Fidelity's entry changes the calculus significantly - when a firm that manages trillions in assets commits to building professional-grade infrastructure for digital assets, it removes major barriers to institutional adoption. The platform initially targets hedge funds and family offices, but the long-term implication is a clear pathway toward mainstream institutional ownership of Bitcoin and other digital assets as recognized portfolio components.

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Jason Franklin

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Jason Franklin

Forward Thinker. Servant Leader. Technology Enthusiast. Technology leader and community builder based in Texas.

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