Fidelity Institutional President: Increasing Opportunities to Incorporate Digital Assets into Consumer Portfolios

Speaking at the Securities Industry and Financial Markets Association annual meeting in New York City, Fidelity Institutional President Michael Durbin said, “As digital assets move beyond cryptocurrencies and other types of wrapped tokens, or any regulatory environment for us, as The Block reports, With the convenience provided, we see a growing opportunity to incorporate more digital assets into consumer portfolios," and urged investors to be cautious when assessing the risks of the volatile cryptocurrency market. Foresight News previously reported that Fidelity will provide institutional clients with Ethereum trading services starting October 28.