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Nexo Goes Institutional With Fidelity Partnership

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Crypto Briefing

Tue, Dec 07, 2021

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The firm announced a collaboration with Fidelity Digital Assets Tuesday, offering institutional clients access to custodial and lending services.

Nexo co-founder and managing partner Kalin Metodiev said of the partnership: “Working with Fidelity Digital Assets is the latest milestone in our quest to offer a complete institutional platform and to onboard traditional finance companies into the digital asset ecosystem.

Our client base will now have full use of our industry-leading credit and trading products with reliance on Fidelity Digital Assets’ bespoke custody and security solutions.” Christopher Tyrer, Head of Fidelity Digital Assets, Europe, added that he’d seen growing demand for cryptocurrency exposure from institutional clients.

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