What is FidelityCoin (Fidelity Platform Homepage)
What is FidelityCoin? FidelityCoin is a cryptographic asset launched by Fidelit
What is FidelityCoin? FidelityCoin is a cryptographic asset launched by Fidelity Corporation to meet the growing demand for digital currency from customers. It is reported that FidelityCoin is a new token developed based on the Bitcoin blockchain network, jointly issued by Fidelity Group and DCG. According to reports, Fidelity Digital Assets platform provides a comprehensive service suite, including trading and custody functions. This service also allows Fidelity to manage various digital asset products and services for users.
According to its website, FidelityCoin has a total supply of 21 million, and it will be halved every 10 days. (Forbes China)
Fidelity Platform Homepage
According to Fidelity’s official website, Fidelity Digital Assets currently has nearly 20 million registered users. Fidelity is one of the world’s largest cryptocurrency custody providers, managing approximately 500 million dollars in assets and billions of transactions for over 2500 clients. Fidelity sees Bitcoin and other cryptocurrencies as a new and revolutionary investment product with potential. The Fidelity website also showcases a product similar to Grayscale Bitcoin Trust called Grayscale Bitcoin Trust (GBTC).
Previously reported, Fidelity Investments has started offering Bitcoin ETF to qualified investors. The institution recently stated that it plans to convert GBTC into fiat currency and go public before the end of this year. (Coindesk)
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