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According to Bloomberg, Fidelity Investments is on the verge of buying and selling Bitcoin (BTC). Earlier this year, the firm began a custody service to store Bitcoin, but now it will evolve to trading.
Fidelity Investments Embraces Bitcoin
Fidelity is one of the largest asset managers in the world. Its newly-formed arm—Fidelity Digital Assets—will be the first of its kind to offer “over-the-counter trade execution and order routing for Bitcoin.”
The Wall Street giant is aiming its cryptocurrency trading product at institutional traders and will start with Bitcoin.
According to Fidelity spokesperson …
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