Fidelity Launches Cryptocurrency Trading Service

Fidelity Investments plans to launch a cryptocurrency trading service. According to a Bloomberg report, the trading service will cater to institutional traders. The service will focus on Bitcoin for now , but may add altcoins in the future.

Does this mean Wall Street is embracing Bitcoin? The crypto world has been waiting for institutional investing. We are beginning to see hints of the more traditional investment services opening their minds to the future of blockchanin and cryptocurrency.