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Media: Fidelity plans to launch Bitcoin trading on its brokerage platform

According to The Wall Street Journal, investment giant Fidelity Investments is planning to give clients access to Bitcoin trading on its brokerage platform.

Fidelity is currently working on a process to add crypto assets to more than 34.4 million individual brokerage accounts, sources familiar with the matter told the WSJ.

Galaxy CEO Mike Novogratz also stated during a panel discussion at the SALT conference in New York that he had heard of Fidelity’s plans to offer cryptocurrency to retail customers.

Fidelity has not yet made an official statement, but said that the company’s offerings will take into account the growing interest of potential customers regarding crypto assets.

Earlier this year, Fidelity announced plans to allow corporate customers to add bitcoin (BTC) to 401(k) retirement plans it manages on their behalf.

However, US senators demanded that Fidelity remove the first cryptocurrency from retirement savings plans due to high volatility and regulatory uncertainty.

Source: Bits

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