• KPMG Chain Fusion launches
    Cryptocurrencies,  Technology

    KPMG Chain Fusion launches, helping blockchains ‘talk’ to legacy bank systems

    It is hoped that the data standardization tool will allow traditional financial systems to communicate more effectively with blockchain protocols

    The audit, tax and advisory giant KPMG has launched a service designed to connect the systems used by banks and fintech firms with those relied on by cryptocurrency and digital asset platforms.

  • Digital assets appeal to 80%
    Cryptocurrencies,  Uncategorized

    Digital assets appeal to 80% of institutional investors, poll reveals

    Hedge funds, financial advisors, and high net worth investors said they appreciate that digital assets are uncorrelated to other asset classes and have high potential upside

    Some four-fifths of institutional investors polled recently by Fidelity Digital Assets said they found the asset class appealing, and more than 60% of them have made a direct purchase. But roadblocks remain.

  • Bears may be sniffing around, but Fidelity Digital Assets is still bullish (via Marco Verch CC BY 2.0).
    Bitcoin

    Fidelity bringing bitcoin trading to Europe

    The $8 trillion discount brokerage has announced Chris Tyrer will expand its growing Fidelity Digital Assets custody and trading service into the U.K. and EU

    Fidelity is expanding its digital assets business into Europe. Former Barclays exec Chris Tyrer will head up Fidelity Digital Assets in the U.K. and EU.