Fidelity hopes to add more than just BTC and ETH.

[Paha87]

Fidelity Investments aims to expand its institutional platform for cryptocurrency assets to include trading services for five to seven cryptocurrencies.

During the Block FS conference taking place in new York city, Tom Jessop, head of Fidelity Digital Assets, in response to a question about what other cryptocurrencies could be added to the platform, said the company hopes to add market capitalization leaders next year.

Last month, the buy-in giant announced that a separate company, Fidelity Digital Asset Services, will be launched at this time, adding that it will offer storage and trading services for bitcoin and ether, as well as cryptocurrencies that are created on the Ethereum blockchain. Jessop added:

I think there is a demand for the next four or five cryptocurrencies in order rank in the market. Therefore, we will look at this indicator (capitalization).

Jessop explained that Fidelity is now using a client-based approach and that its 13'000+ institutional clients are interested in bitcoin and ether because they make up a significant portion of the current market capitalization.

I think when it comes to security tokens and tokens, which are likely to be considered securities, we expect this space to evolve. We've had some interest, but we don't think this is its peak, so our focus really is on, five to seven cryptocurrencies before we start to wrap up.

Fidelity has spent four to five years researching space and has a weighty look at the cryptocurrency class and potential of the underlying technology, which Jessop compares to the exponential deployment of the Internet.


Link to the source of information (Russian) - https://altstake.io/news/fidelity-nadeetsya-dobavity-ne-tolyko-btc-i-eth