Fidelity invests $14.2 million in Hong Kong Exchange
The fifth-largest investment manager in the world, Fidelity Investments, has invested $14.2 million in the company that operates Hong Kong-based crypto asset exchange, OSL, in a move to expand its involvement in the digital asset industry.
Institutional-grade crypto custody solutions have arrived. Now what?
Until recently, one of the missing pieces in the wider crypto ecosystem was an institutional-grade crypto asset custodial solution. In 2019, that piece of the puzzle has finally fallen into place and the crypto custodial service industry is booming. Institutional investors now have a way into the market and can pick from a multitude of solutions that allow them to secure crypto assets in a safe, secure, trusted, regulated way. Who are the players and what are the implications for the industry?
Jumping In: Institutional investment in crypto is ramping up
Although 2019 got off to a bumpy start, steady progress is being made at the institutional end of the blockchain and cryptocurrency investment spectrum.
