Latest Grayscale Report Shows Institutional Bitcoin Investment On The Rise

Grayscale recently released its Digital Asset Investment Report for the second quarter of 2019. The company marks a notable increase in the investment into its products, the majority of which are coming from institutional players.  Institutions Are Here According to the new Q2 report of Grayscale, the company’s assets under management nearly tripled from $926 […]

Continue Reading

Fidelity’s Bitcoin Custody Service Set For Launch in March

Fidelity Digital Assets is planning to launch its Bitcoin Custody Service as soon as March, according to industry insiders. Commenters widely expect the move to break down one of the final barriers to institutional investment in Bitcoin. Custodial Sentence Three months ago, Fidelity Investments, the world’s fourth largest asset manager, announced its digital offshoot and […]

Continue Reading

Fidelity Won’t Build Its Own Exchange, Focused on Bitcoin Custody, Exec Confirms

Tom Jessop, President of Fidelity Digital Asset Services says that the asset manager will take crypto to the next level by enhancing the sector and providing a secure Bitcoin custody solution so institutional investors can get a piece of the crypto pie. Bitcoin Custody Solution Will Remove Barrier In the most recent episode of her […]

Continue Reading

Fidelity Looking for Crypto-Fund Managers After Series of Employee Departures

Matthew Hrones · June 11, 2018 · 3:00 am The wealth management firm is looking for employees to run its internal Bitcoin fund that was launched last year. Two key members of Fidelity’s crypto-team have left the company for other projects. Fidelity Expanding into Crypto Fidelity launched a small, experimental fund in the latter half […]

Continue Reading