Fidelity Digital Assets, the crypto wing of $4.5 trillion asset manager Fidelity Investments, is set to offer Ether (ETH) custody and trading services to its institutional clients later this month.

According to an email to Fidelity’s customers shared on Twitter, the crypto arm announced new “Institutional Ethereum capabilities” for institutional investors starting on Oct. 28, 2022.
Fidelity Digital Assets just sent an email to customers announcing that Ethereum will be available for purchase this month.

Fidelity has been a long supporter of cryptocurrencies such as Bitcoin (BTC), outlining in a past paper their belief that it’s a superior form of money rather than just tech.
Cointelegraph reached out to Fidelity regarding the new service but has not received an immediate response at the time of publication.
Source: Cointelegraph
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