[2017-05-23] ToI: Fidelity to allow clients to see digital currencies on website

Fidelity to allow clients to see digital currencies on website

http://timesofindia.indiatimes.com/business/international-business/fidelity-to-allow-clients-to-see-digital-currencies-on-website/articleshow/58809529.cms

Fidelity Investments will allow its clients to see their holdings of bitcoin and other virtual currencies held on digital asset exchange Coinbase on the company's website, said Chief Executive Abigail Johnson on Tuesday.

The move will make the Boston-based asset manager one of a handful of large financial services firms to have integrated digital currencies into its website.

A Fidelity spokesman said the new initiative may be launched in the second or third quarter this year.

The company is testing the Coinbase holdings integration with its employees, Johnson said.