Investment Giant Fidelity Could Allow Bitcoin Trading On Its Platform
According to a report by The Wall Street Journal, Fiduciary Investments may offer its clients access to Bitcoin trading through its brokerage platform. The firm is highly engaged in the crypto market, and has already announced products that will provide exposure to cryptocurrencies to its wealthy clients.
According to sources cited by the Wall Street Journal, the new strategy will potentially expand the firm's bitcoin offering to its 34.4 million brokerage accounts. The strategy was hinted at by Galaxy Holdings, one of Fidelity's biggest clients, CEO and crypto bull Mike Novogratz.