Fidelity Investments is an American traditional financial institution, focusing on financial planning, retirement plans, trading, and brokerage services. Fidelity has $7 trillion assets under management (AUM) and has launched its crypto arm — Fidelity Digital Assets in 2014. Fidelity Digital Assets offers custodial solutions and trading services for its institutional clients in Bitcoin and has been granted a New York State license.
Investors Flock to US Money Market Funds Amid Banking Crisis
Amid banking crisis fears, investors have poured $286 billion into US money market funds in March, with Goldman Sachs, JPMorgan Chase, and Fidelity among the biggest winners. These funds are offering high liquidity and low risk, making them popular during uncertain times.
Fidelity Envisions Metaverse NFT Marketplace And Financial Services
Fidelity Investments has applied for US trademarks for a nonfungible token (NFT) marketplace, metaverse financial investing, and crypto trading services. Fidelity might provide mutual funds, retirement funds, investment management, and financial planning in virtual environments. The company may develop a digital media marketplace online, but specifics are few.
Fidelity Launches a New Commission-Free Crypto Trading Product
Fidelity Investments has launched trading support for Bitcoin and Ethereum at zero commission
Fidelity Institution's President Advocates Room for Consumers to Acquire More Crypto
Fidelity Institutional boss, Michael Durbin is advocating more crypto allocations for consumers
Fidelity Set to Hire 100 Employees to Strengthen its Crypto Firm
Fidelity Digital Assets, the asset management Behemoth Fidelity's cryptocurrency division, has disclosed its plans to hire 100 new employees in the next six months to strengthen its workforce
Fidelity, Schwab, Citadel Securities Launch New Crypto Exchange EDXM
The launch of crypto exchange EDX is the latest evidence Wall Street continues entering the digital asset markets despite the crypto winter.
Fidelity to Offer Crypto Trading to Retail Customers
The potential launch would come after Fidelity enabled its corporate clients in April to add the world's largest cryptocurrency to their managed 401(k) retirement plans.
Fidelity Investments Unveils Plans to Expand Business by Hiring Crypto Savvy Staff
Fidelity Digital Assets, the cryptocurrency arm of Fidelity Investments, is set to onboard additional hands as it prepares for the growing demand in the digital assets ecosystem.
Senator Elizabeth Warren Leads Inquiry Into Fidelity's Bitcoin-Backed Retirement 401(k) Account
In the wake of the launch of a Bitcoin-focused 401(k) account in the United States by Fidelity Investments, two Senators have expressed concerns over the company’s latest products.
Fidelity Investments Adds More Than 12,000 New Jobs to Meet Customer Interest in Growing Areas Like Crypto
To address customer demands in growing areas like cryptocurrency and direct indexing, Fidelity Investments has created more than 12,000 job offerings to shape the future of financial services.