Financial Institution Fidelity has finally decide when they’ll launch their Bitcoin custody services for institutional investors during March. Bloomberg has stated that three people who are close to the matter have commented that custody for Ether will also follow along.
“In October, the Boston-based firm announced it would offer a range of crypto products designed for large investors like hedge funds. Bitcoin storage will be the first one available, according to employees of three firms that spoke with Fidelity in the past several weeks and asked not to be named discussing plans that are still private. Ether custody is expected to be next, they said.”
Fidelty has also stated that its already offering crypto custody for a select group fo customers ahead of their official launching date.
“We are currently serving a select set of eligible clients as we continue to build our initial solutions,” the company said in a statement Tuesday. “Over the next several months, we will thoughtfully engage with and prioritize prospective clients based on needs, jurisdiction and other factors.”