Fidelity Expressing Further Interest in the Cryptocurrency and Blockchain Industry

Fidelity Investments is a 72-year company with more than $7 trillion in investor’s funds under management, and despite their well-established position within the traditional retail markets, they are incredibly open to nascent technologies, like cryptocurrency and blockchain.

Fidelity’s openness to blossoming new technologies is setting themselves into a unique niche. In certain ways, it is making itself as much of a technology company as they are a finance company, positioning themselves to compete with Silicon Valley giants like Google and Nvidia.

Fidelity Has a Long History of Interest in Revolutionary Technologies

Fidelity’s founder, Edward C. Johnson, ran the company with a simple mantra, frequently quoted telling employees that it is better to “take intelligent risks rather than follow the crowd.”

Fidelity was one of the first financial institutions to purchase and use a super computer in the 1960s and was the first companies to sell investment products through toll-free…