Investors to wealth managers: What should I do with this crypto I own?
— Option, Would begin development, Include citadel securities, Start looking, Thinking, Prominent digital assets, Product, Exchange, Formation, Flourish — 1 min read
Fidelity announced in April that it would begin development on an offering allowing consumers to invest a portion of their retirement fund into Bitcoin. Some traditional brokerages are angling for clients wanting to hold and trade crypto. Many consumers who already trade in various digital products would be eager to do so through their advisors if services were offered. With legislative pushes from President Biden made earlier this year signaling a tide of new potential laws and regulations, the level of acceptance of cryptocurrencies is trending upward. But many are still unsure about how comfortable they are engaging with the novel class of assets. “As a technologist, I am very bullish on the promise and potential of crypto and blockchain technology in a number of areas, not least of which being crypto tokens as an asset class Source