Report shows that Fidelity’s crypto ambitions are bigger than expected
Fidelity’s strategy to corner the cryptocurrency market appears to be more ambitious than previously thought, as asset management seeks to expand institutional access to digital assets. Chrstine Sandler, the head of sales and marketing for Fidelity Digital Assets , claimed institutional interest in crypto is expanding in a recent interview with the Boston Globe. Bitcoin […]
Fidelity invests $20 million in Marathon Digital Holdings to acquire a 7.4 percent stake
The shares bought by the $20 million invested in Marathon was received by Four Fidelity index-based funds. Fidelity Investments , a global financial services firm, announced the acquisition of a 7.4 percent stake in Marathon Digital Holdings, a major North American mining company. Marathon currently operates 19,000 miners, with an additional 100,000 machines scheduled to […]