Fidelity Adds Ethereum for Institutional Clients – Crypto Mass-Adoption is Coming with Uniglo.io at the Forefront
Join Our Telegram channel to stay up to date on breaking news coverage Institutional Fidelity customers received an email recently stating that Ethereum would soon be available for purchase. The email’s author, Fidelity Digital Assets, represents the crypto branch of the $4.5 trillion asset management giant Fidelity. Ethereum’s switch from the energy-intensive Proof of Work (PoW) consensus mechanism to Proof of Stake (PoS) has made the investment far more attractive socially and environmentally, and just the sheer growth of Ethereum’s ecosystem has large investors curious. ETH Claims Institutional Investors Fidelity has taken a pro-Bitcoin stance recently and has outlined plans to allow access to the digital asset in 401(k) retirement savings accounts. Now Ether will become the second digital asset offered to institutional clients. On October 28th, 2022, Fidelity will launch custody and trading of Ether for institutional clients . This announcement follows Fi...