The multinational financial services company, Fidelity Investments is currently undergoing the final testing process of its crypto trading and custody platform. This information was released by the American platform in a blog post published last week. As well as Bakkt, the firm looks to offer services to cryptocurrency traditional investors and organisations.
The company is based in Boston, Massachusetts and is one of the biggest asset managers with over $2.45 trillion in assets under management as of March last year.
The first announcement made by the firm in relation to the platform was in October 2018 and since then, they have been working tirelessly to build the technical and operational capabilities needed for securing, trading and supporting digital assets with the oversight required by organisations.
Even though they are working on their initial solutions, they are currently serving a select set of eligible clients. They go on to explain that they were able to build a…
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