Fidelity will ‘shift’ retail customers into crypto soon, says Galaxy CEO

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Fidelity will ‘shift’ retail customers into crypto soon, says Galaxy CEO
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Asset management giant Fidelity Investments is reportedly considering a Bitcoin trading product aimed at retail investors, according to people familiar with the matter.

$4.2 trillion asset management firm Fidelity Investments is reportedly working towards offering Bitcoin trading services to its 34.4 million retail investor base, according to Galaxy Digital CEO Mike Novogratz and people familiar with the matter.

“A bird told me that Fidelity, a little bird in my ear, is going to shift their retail customers into crypto soon enough.” Novogratz isn’t the only person to have signaled the potential move from Fidelity. The Wall Street Journal on Sept. 12 noted that that Fidelity is currently “A similar note was

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