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Fidelity Investments to Integrate Bitcoin

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Published on:

May/25/2017

Fidelity Investments to Integrate Bitcoin

One of America’s largest investment firms, Fidelity Investments, has announced it will begin integrating the cybercurrency bitcoin into its own platform.

The news comes as bitcoin surpassed the $2000 mark in trading earlier in the week for the first time ever.

From Endogadget.com:

Later this year, Fidelity's clients will be able to check their cryptocurrency balance straight from the company's website, providing they store it on Coinbase -- one of the leading bitcoin exchange sites. Despite the cryptocurrency being around for almost a decade, this very public bitcoin recognition makes Fidelity just one of a handful of big investment companies who have chosen to integrate it into their website.

The announcement came at a recent Blockchain conference, where Fidelity's CEO Abigail Johnson discussed the difficulties that bitcoin raises for the financial world.

Bitcoin now accounts for over a quarter of online gambling transactions.

- Aaron Goldstein, Gambling911.com

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