One of the world's largest financial services giant that has long doubled in Bitcoin revealed that it is ramping up its cryptocurrency operations. Fidelity digital Asset Services FDA is the phone's cryptocurrency division launched late in 2018 a year ago now is now engaged in a full rollout of its custody and
trading services for digital assets the report noted citing Fidelity's Pro Bitcoin CEO Abigail Johnson.
It isn't clear to what extent this full rollout is taking place but considering stas was only serving a select set of clients for much of 2019 this new Custody and trading solutions for its thousands of institutional clients that have billions even trillions under management while much of this industry's Focus has been on institutions. It is important to note that this subset of investors isn't the end all and be all of cryptocurrency far from really speaking to cnbc's power lunch panel last week.