Fidelity plans to offer Bitcoin services to retail customers
Join Our Telegram channel to stay up to date on breaking news coverage Customers on Fidelity could soon start buying Bitcoin through the brokerage platform supported by the company. If this service is launched soon, it could promote the institutional adoption of Bitcoin. Over the past year, there has been a notable rise in institutional investors flocking toward Bitcoin. Fidelity wants to offer Bitcoin to retail investors A report by the Wall Street Journal has said that customers of investment giant Fidelity could soon be able to purchase Bitcoin. Fidelity is a Boston-based investment firm that manages more than $34.4 million in retail accounts . It is also one of the largest fund manager s globally. The WSJ reported on Monday that Fidelity wanted to offer Bitcoin to individual investors, which could further promote the adoption of the world’s largest cryptocurrency. According to the journal, the company was yet to share the plans for this new offering with its clients...