Fidelity Investments reported that the pension plan is available to US citizens aged 18 years of age, and the transfer of funds will be carried out through a traditional brokerage pension plan.
The Fidelity Digital Assets division will act as a castodian and intermediary when buying and selling. According to representatives of the company, the innovation is dictated by growing demand by customers interested in cryptocurrencies and maintaining inflation savings.
FIDELITY Investments was the first company of the United States to invest in digital assets – back in April 2022. Then it was about supporting exclusively the first cryptocurrency, and only 20% of the funds deducted according to the pension plan could allocate for bitcoin.
Earlier, the Financial Times newspaper with reference to sources familiar with Fidelity Investments. reportedthat this management company is completing testing its own stablecoin.
Source: Bits
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