Nexo Partners With Fidelity to Expand Institutional Access to Cryptocurrencies - Aliens: AI Crypto News & Markets Updates
Logo
Logo

Feed

Coins

About

Latest

Bitcoin

Ethereum

NFT

Gaming

Policy

Blockchain

Altcoins

Nexo Partners With Fidelity to Expand Institutional Access to Cryptocurrencies

PublisherPublisher
CryptoPotato

Tue, Dec 07, 2021

Banner

Aliens TLDR

Leading cryptocurrency lending and savings platform Nexo has partnered with Fidelity Digital Assets (FDA), the digital arm of financial services giant Fidelity Investments, to expand institutional access to cryptocurrencies.

Following the collaboration, both firms will develop a comprehensive product suite and compliant infrastructure for institutional investors seeking to gain exposure to cryptocurrencies, Nexo said in a press release shared with CryptoPotato.

Christopher Tyrer, Head of Fidelity Digital Assets Europe, noted that the move creates an opportunity for the duo to deliver a robust and seamless solution for their customers, adding: “We’re thrilled that our best-in-class operational controls and security expertise will be extended to the assets of Nexo’s customers, while the ability for Fidelity Digital Asset’s clients to access Nexo’s lending solutions will help us deliver a richer experience to meet our clients’ evolving needs.” The development comes less than a month after Nexo announced a $100 million buyback program for its native cryptocurrency dubbed NEXO.

Read full article on Aliens appRead from Original Source

The best experience is on the app

Everything happening in the crypto world, in real time

app

Recommended Stories

Article list item background

Algorithmic Stablecoin Resiliency More Important Than Growth: Vitalik Buterin

Vitalik Buterin has weighed in on algorithmic stablecoins, arguing that protocols should strive for resiliency above all else.
Crypto Briefing
·

2h

Altcoin

Recommended Stories

Article

Thailand excludes crypto transfers from VAT payments until 2024

Article

Goblins Flip Bored Apes in 24 Hours to Become the Top Collection

Article

Why Emerging Markets Are Leading the Charge on CBDCs

Article

Cryptocurrencies Are Missing Out as Stocks Rally

Article

XRP: How Ripple’s IPO speculation is triggering whale activity on the chain

Article

What's next for FTX’s proposal for crypto derivatives trading in the US?

Article

ARK and 21Shares make another attempt at a bitcoin etf approval

The best experience is on the app

Download app to discover exclusive content, live market updates and more.

Get smarter and richer with the Aliens Crypto Digest

Stay informed and entertained, for free.

Follow Aliens

Advertise