Fidelity Digital Assets will begin offering ETH buy, sell and transfer services to institutions later this month.

Fidelity Digital Assets will begin offering to institutional clients. Transactions with ETH were available on Oct. 28, according to the spokesperson. Investors will be able to buy, sell and transfer ETH, as well as gain access to strong security.

Fidelity Digital Assets is a subsidiary of financial services company Fidelity Investments with a strong focus on digital assets. It was launched in 2018 with bitcoin trading and custody deals andreceive trust charter from the New York Financial Services Regulatory Authority in 2019

“With the Ethereum Merge done. Many investors are looking at Ethereum from a new perspective.” Both Fidelity Digital Assets and parent company Fidelity Investments have released a number of crypto-related announcements in recent weeks.

Fidelity has also posted several job postings for crypto jobs in the past few months. with vacancies Including crypto wallet product owners at Fidelity Digital Assets.

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