Since the coronavirus pandemic crashed financial markets all over the world, there has been an increase in crypto trading on many platforms. Fidelity Digital Assets allows customers to hold and trade their assets on different platforms. These platforms have however only been trading firms that handle market-making. Now, it has onboarded ErisX.
According to a Fidelity spokeswoman, there is also more awareness about digital assets and how well they’ll function as a proper store of value.
“From a trading perspective, we continue to onboard new clients every month and are seeing significant pipeline growth. And in recent weeks, we’ve seen more momentum across our business, for example, discussions around store of value and digital gold are resonating more with investors.”