According to an email sent to customers, Fidelity Digital Assets is rolling out Ethereum enterprise capabilities to customers starting next week.

Fidelity Digital Assets, the crypto arm of $4.5 trillion asset manager Fidelity Investments, is gearing up to offer Ethereum
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at the end of this month will offer its corporate clients its depository and trading services.

According to an email Fidelity sent to customers on Twitter and confirmed by Cointelegraph, its crypto arm has announced new “Enterprise Ethereum Opportunities” for institutional investors starting October 28, 2022.

The post says that investors will be able to buy, sell and transfer ETH “using the same model that is used today to invest in bitcoin.”

“After the completion of the Ethereum merger, many investors are looking at Ethereum from a new perspective,” Fidelity said, possibly referring to Ethereum’s transition to a green Proof-of-Stake (PoS) model.

Fidelity is a longtime supporter of cryptocurrencies such as Bitcoin.
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, summarizing his belief that it is a form of money far superior to just technology in the last article.

This latest announcement follows a new Ethereum index fund that has raised more than $5 million since its initial sale on September 26 through a single investor, according to an October announcement.

Related: Fidelity Will Soon ‘Shift’ Retail Customers to Cryptocurrency – Galaxy CEO

In April, Fidelity announced plans to allow 401(k) retirement savings account holders to invest directly in bitcoin.

The company reported last year that 90% of its largest customers are interested in accessing bitcoin and other cryptocurrencies.

On September 13, Galaxy Digital CEO Mike Novogratz said that Fidelity is working on offering bitcoin to its 34.4 million individual investor base.

It was updated on October 25th when a Fidelity spokesperson confirmed that the service would go live on October 28th.

Source: CoinTelegraph

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