US: Wall Street Demand For Bitcoin Surging? Fidelity Plans Crypto Custody

Ethereum World News

On Tuesday, reports arose that Fidelity Investments, the Boston-based finance giant with trillions of dollars worth of assets under management, revealed that its crypto-centric subsidiary, Digital Asset Services (FDAS), has plans to launch its Bitcoin (BTC) custody service by March. According to the report, which cited three individuals familiar with the matter, the custody service, the flagship product of FDAS, which was first announced in mid-October, will first only support the flagship cryptocurrency.

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