Fidelity points to the european market of cryptocurrencies with an office in the United Kingdom

The signature of investment funds and pension Fidelity began operations in the United Kingdom, through its subsidiary Fidelity Digital Assets, targeting the enterprise market in european cryptocurrencies. It is a strategy to expand its custody services and exchanges that already offers in the united States from this year.The announcement of Fidelity seeks to expand its operations in Europe with services related to bitcoin, both for the corporate sector, as for other investment funds and family businesses, according to a statement released by the company this Tuesday, December 17.”Since the launch of Fidelity’s Digital Assets in the united States more than a year ago, we have seen a great interest and commitment on the part of the community institutional that shows no signs of slowing,” noted Tom Jessop, head of corporate business development of Fidelity Investments and president of Fidelity Digital Assets.The executive believes that the continuous investment made to companies of the financial markets-traditional, encourages the injection of capital in services related to bitcoin and the cryptocurrencies in general.

License to operate

Although the company does not yet have a full license to operate in the Uk, in this phase of operations will provide support to invest in bitcoin, something that does not require permission from the authorities.Michael O’reilly, director of operations at Fidelity Digital Assets, has indicated to local media that it will ensure to meet the requirements and follow local regulations to establish their businesses in that country.The that Fidelity, one of the funds more important in the world, you want to get more involved with the criptoeconomía is a sample of the companies that are involved in the financial markets traditional are looking more and more close to everything related to bitcoin and the cryptocurrencies.Remember that Fidelity officially entered the market of cryptocurrencies in march 2019. Two months later expanded their catalog of options offering not only services of custody, but also the exchange of bitcoins.

Cryptocurrency Market