Tag: Fidelity
Real-Time Forex Swap Onchain: Citi and Fidelity Showcase Proof-of-Concept
Citi and Fidelity, two major players in traditional finance, have collaborated on a proof-of-concept for a digital foreign exchange swap within an onchain money-market fund. This innovative concept will be showcased at the upcoming...
Fidelity’s FBTC Leads Spot Bitcoin ETFs with $226M Outflows
The US spot Bitcoin exchange-traded fund (ETF) market saw more outflows on June 13, with Fidelity Investments’ FBTC leading the way with $106 million in outflows. This was nearly half of the total $226...
Fidelity Today Extends Bitcoin-Backed Loans Throughout Silvergate
The custodian started offering money loans collateralized by bitcoin past December but is currently adding Silvergate clients to the combination.Silvergate Bank is going to be the next creditor to expand bitcoin-backed loans to investors...