With the rapid advance of cryptocurrencies such as bitcoin, many of the world’s most notable companies are launching efforts focused on these emerging asset classes.
Fidelity Investments is no exception. The company recently announced the launch of Fidelity Digital Assets, and there’s a strong North Carolina connection. This business unit, which is “dedicated exclusively to bringing cryptocurrencies to institutional investors,” will house many employees at its Triangle location.
“The creation of Fidelity Digital Assets is the first step in a long-term vision to create a full-service enterprise-grade platform for digital assets,” the company said in a statement.