By CCN: Fidelity, one of the world’s largest investment firms with almost $7 billion customer assets, will reportedly launch a cryptocurrency trading platform “within weeks.” The bitcoin trading service is aimed at institutional investors and will come complete with high-grade custody. Bloomberg’s Matthew Leising said the move is the “best news” for the price of cryptocurrencies, which this morning surged to a 2019 high: “For the price of Bitcoin, this might be the best news that it’s had in maybe a year or so.” Breaking: $7 Trillion Asset Giant Fidelity to Launch Crypto Trading “Within Weeks” https://t.co/14w4FhGquv — CCN.com (@CCNMarkets)
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