Fidelity Is Considering Offering Bitcoin to Retail Investors

Teased by Galaxy Digital CEO Mike Novogratz, the wealth management giant is mulling a deeper dive into crypto.

Fidelity customers may soon be able to buy Bitcoin via the company’s brokerage platform, according to The Wall Street Journal.

Boston-based investment giant Fidelity, which manages over 34.4 million retail accounts 

and is one of the world’s biggest fund managers, is evaluating whether to offer Bitcoin to its individual investors, the newspaper reported Monday. 

The Journal added that the company has not yet shared the plans with its clients.

Fidelity has an app that allows its retail customers to manage their investments from their phones.

Fidelity did not immediately respond to Decrypt’s request for a comment.

But Galaxy Digital CEO Mike Novogratz said earlier today at New York’s SALT forum that he had heard rumors of the firm's plans.

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