RATE Group | Fidelity Digital Assets plans support for Ethereum in 2020
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Fidelity Digital Assets plans support for Ethereum in 2020

16 Dec Fidelity Digital Assets plans support for Ethereum in 2020

Posted at 03:42h in Ethereum News by

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  • The president of Fidelity Digital Assets, Tom Jessop, has indicated in a recent interview that Ethereum could be supported in 2020.
  • Jessop believes that the custody service is the key to attracting institutional investors. From a liquidity point of view, there is “a lot of work”.

In the latest episode of “The Scoop” podcast, Frank Chaparro spoke with Fidelity Digital Assets President Tom Jessop about the support for Ethereum in 2020 and the custody service of cryptocurrencies as an essential basis for institutional investors to enter the crypto market. Fidelity, the Boston-based financial giant, manages $2.8 billion of assets and announced in October a Bitcoin “enterprise-quality custody and trade execution service” for hedge funds and financial advisors.

As Jessop explained in an interview with Chaparro, his team has “done a lot of work on Ethereum”. If customer demand exists, Fidelity Digital Assets (FDAS)…

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