Fidelity Is Considering Offering Bitcoin to Retail Investors

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

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

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

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

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

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

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

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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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