Soon-to-be public crypto exchange operator Coinbase, fund giant Fidelity, and fintech stalwart Square are among the companies behind the new Crypto Council for Innovation – an organization aimed at giving companies with cryptocurrency exposure a say in how the asset class is regulated. The Crypto Council for Innovation (CCI) was created by San Francisco-based investment…
Tag: fidelity
Fidelity-Backed Crypto Analytics Firm Coin Metrics to Integrate Twitter-Based Crypto Sentiment Feed
Crypto analytics firm Coin Metrics partnered with Social Market Analytics (SMA) to collaborate on a feed of real-time sentiment towards cryptocurrency based on social media data, according to a press release on June 17. The new partnership intends to collect and analyze data posted by crypto community on social media in order to provide a…
Fidelity Launching a Cryptocurrency Trading Platform
Financial services provider Fidelity Investments is launching a cryptocurrency trading and storage platform. Fidelity Digital Asset Services, LLC will provide cryptocurrency custody and trading services for enterprise clients, the company announced Monday. Tom Jessup, who is heading up the new division, announced the platform at Bloomberg’s Institutional Crypto event. It hopes to draw institutional investors,…
Fidelity is Quietly Building a Cryptocurrency Exchange
Multi-trillion dollar asset manager Fidelity Investments is building a cryptocurrency exchange, internal job postings have revealed. According to Business Insider, the Boston, MA-based firm has advertised internally for a DevOps System Engineer “to help engineer, create and deploy a Digital Asset exchange to both a public and private cloud.” Citing anonymous sources with knowledge of…
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