Fidelity Investments Expands Bitcoin Operations to Europe: a Silver Lining

Financial services giant Fidelity Investments is seemingly unfazed by the recent downturn in the cryptocurrency markets. 

The Wall Street mainstay, which has over $2 trillion worth of assets under management, revealed Tuesday that it will be expanding its Bitcoin-centric services business to Europe, potentially providing this nascent market with an influx of capital.

Cryptocurrency markets

Fidelity’s Bitcoin Custody & Trading Branch Expands Into Europe

According to a recent report from Financial News, Fidelity Digital Assets just incorporated a U.K.-based branch, giving the financial giant an opportunity to offer digital asset services to European clients, including “hedge funds and family offices.” Financial News reports that the new entity does not hold any regulatory permissions at the moment.

ethereumworldnews.com

Fidelity Investments Expands Bitcoin Operations to Europe: a Silver Lining
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