[ad_1]
Giant of financial services Loyalty investments, which manages over 2.6 trillion dollars in customer assets, is interested in offering customers more than just Bitcoin (BTC) and Ethereum (ETH).
Loyalty previously revealed which is pursuing services related to blockchain and cryptocurrency, with the goal of releasing a product as early as the beginning of 2019. To facilitate these products, Fidelity has launched Fidelity Digital Asset Services, LLC, which will offer custody services and commercial implementation at the institutional level for Bitcoin and Ethereum. However, it appears that this list may soon expand.
While About to the Block FS conference in New York, responsible for Fidelity Digital Assets Tom Jessop revealed that the company is looking to expand its institutional cryptographic asset platform to include trading services for the top 5 or 7 cryptocurrencies classified by market capitalization.
"I think there's a demand for the next four or five in terms of market capitalization, so we'll see it," Jessop said.
Touching on the subject of alternative digital resources, such as utility and security tokens, Jessop said that Fidelity is currently waiting for space to develop to see what customers really need.
"We have had some interest, but we do not think it is a reason for interest, so our goal is really at the top, call it five-seven, before starting to build capacity for the tail, but I think it will come," explained Jessop .
Going forward, it seems that Fidelity is trying to consolidate itself as an entry point for institutions in the digital goods market, and already has more than 1,300 customers currently affected.
Other: Fidelity seeks to expand digital asset trading beyond bitcoins and ethers
Similar: Tom Jessop believes that Fidelity Investments 2019 will be a great year for Criptovaluta
Disclaimer: the author of this article has participations in cryptocurrency that may be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct due diligence before making investments.
[ad_2]
Source link
