Fidelity’s Cryptocurrency Mining Operation Is Now Profitable
Most financial industry enthusiasts will have come across the name Fidelity Investments. It is one of the largest investment firms to date, managing US$2.3 trillion worth of assets as of today.
Unlike most other firms, however, Fidelity has taken a keen interest in cryptocurrencies. In fact, the company is even mining specific currencies, although not too many specifics have been shared at this time.
When it comes to bridging the gap between traditional finance and cryptocurrency, look no further than Fidelity Investments, Although the company has been doing well without a specific focus on cryptocurrency, it is not ignoring the possibilities that lie ahead.
More specifically, the company has been experimenting with Bitcoin internally for quite some time now. In the near future, some of those features will be rolled out to all Fidelity customers, by the looks of things.
Thanks for share
No worries :D
Interesting! Wonder if they will offer crypto mutual funds?
Quite possibly, it's good to see one of the larger investment companies get into crypto though.
Hopefully before the crash! I'll move my whole portfolio in a heartbeat.