US-based Fidelity Investments, a trillion-dollar fund manager with a deep interest in the cryptocurrency market, is targeting rich Asian investors by way of a new partnership with a fund in Singapore, financial publication Bloomberg reported Thursday.
Asian family offices are FOMOing into crypto
Stack, the Singapore fund that provides access to crypto products and similar services, will cater to the high demand for cryptocurrencies from Asian family offices and high-net-worth individuals. It will promote Fidelity’s own custody services to attract clients.
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https://cryptoslate.com/u-s-megafund-fidelity-targets-asian-family-offices-wanting-bitcoin/