Long time Fidelity customers have been getting some interesting offers in their inbox from the financial services company over the past several months: a new crypto trading platform for retail investors. Last November, the brokerage firm launched a wait list for those interested in the services which include custody and zero-commission trading for Bitcoin and Ether. 

Fidelity Investments is one of the largest investment managers in the industry and is one of the first financial services firms to offer crypto trading services to clients. Clients who want to dip their toes in the digital asset market have usually reached towards exchanges such as FTX or Coinbase. But in the wake of the FTX collapse, news of Fidelity’s digital asset platform could provide crypto curious investors with an alternate opportunity. 

In this episode, Bloomberg reporter Claire Ballentine reviews what Fidelity’s retail crypto trading platform - and potentially others - means for industry and how it will shape the way retail investors interact with the digital asset market.

Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter

Long time Fidelity customers have been getting some interesting offers in their inbox from the financial services company over the past several months: a new crypto trading platform for retail investors. Last November, the brokerage firm <a href="https://www.bloomberg.com/news/articles/2022-11-03/fidelity-opens-wait-list-for-retail-crypto-trading-with-zero-fee">launched</a> a wait list for those interested in the services which include custody and zero-commission trading for Bitcoin and Ether. 
Fidelity Investments is one of the largest investment managers in the industry and is one of the first financial services firms to offer crypto trading services to clients. Clients who want to dip their toes in the digital asset market have usually reached towards exchanges such as FTX or Coinbase. But in the wake of the FTX collapse, news of Fidelity’s <a href="https://www.bloomberg.com/news/articles/2022-10-21/fidelity-investments-crypto-unit-to-add-another-100-employees">digital asset platform</a> could provide crypto curious investors with an alternate opportunity. 
In this episode, Bloomberg reporter <a href="https://www.bloomberg.com/authors/ATR8P7ZTClE/claire-ballentine">Claire Ballentine</a> reviews what Fidelity’s retail crypto trading platform - and potentially others - means for industry and how it will shape the way retail investors interact with the digital asset market.
Subscribe to the Bloomberg Crypto Newsletter at <a href="https://bloom.bg/cryptonewsletter">https://bloom.bg/cryptonewsletter</a>

In this daily podcast, Bloomberg’s reporting team teases out what’s actually important in the crypto conversation. Led by crypto editor stacy-marie ishmael, the show draws on reporters and editors around the world and credible voices from across the industry. Episodes cover everything from regulation to NFTs to DeFi to the environmental considerations surrounding an asset class shaping the future of finance.

In this daily podcast, Bloomberg’s reporting team teases out what’s actually important in the crypto conversation. Led by crypto editor stacy-marie ishmael, the show draws on reporters and editors around the world and credible voices from across the industry. Episodes cover everything from regulation to NFTs to DeFi to the environmental considerations surrounding an asset class shaping the future of finance.

Bloomberg Crypto

Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics. Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. Bloomberg journalists will help cut through all the noise and provide clarity, context and authority.

In this daily podcast, Bloomberg’s reporting team teases out what’s actually important in the crypto conversation. Led by crypto editor stacy-marie ishmael, the show draws on reporters and editors around the world and credible voices from across the industry. Episodes cover everything from regulation to NFTs to DeFi to the environmental considerations surrounding an asset class shaping the future of finance.

Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics. Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. Bloomberg journalists will help cut through all the noise and provide clarity, context and authority. In this daily podcast, Bloomberg’s reporting team teases out what’s actually important in the crypto conversation. Led by crypto editor stacy-marie ishmael, the show draws on reporters and editors around the world and credible voices from across the industry. Episodes cover everything from regulation to NFTs to DeFi to the environmental considerations surrounding an asset class shaping the future of finance.

Should You Try Fidelity's New Crypto Platform?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e2037911-2908-4c9a-9be5-af97016caac8/transcript

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