Fidelity To Expand Crypto Offers In The Future – Ethereum Is In The Cards

It’s been just reported that the head of sales and marketing at Fidelity Digital Assets, Christine Sandler, said that Fidelity would greatly expand its crypto offerings in the future – the main question is when.

Fidelity analyzes the retail sector

During a new interview on the Unchained Podcast, Sandler said that Fidelity which currently offers Bitcoin investment services to institutional clients keeps analyzing the retail sector.

When he was asked if Fidelity will serve retail clients, Sandler called the move “inevitable.”

“Of course. Inevitable. We think about it all of the time, and we do get, look, and we do obviously, get a lot of inbound interest from retail clients. And as we said before though, for us to be a really great institutional provider, we have to remain focused on this institutional client and not to take away from that focus…” Sandler said as cited by the Daily Hodl. 

She continued and said: “It’s not on the near-term roadmap to offer access to retail. Retail has some wonderful robust options, whether it’s players like PayPal and Square that are known to them where they use them all the time, or a more digitally native offering like Coinbase.”

Fidelity addresses Ethereum

When she was asked about the roadmap, she said that Etehreum is in the cards.

“It’s clearly on the road map, Laura. I would be remiss if I could state a date, but definitely on the road map…”

Sandler continued and said: “I think to be a digital asset custodian, and offering proof of stake assets, you definitely have to offer staking services. It puts you at a disadvantage, so I would expect us to build up those services once we can support Ethereum.”

We suggest that you check out the video above in order to learn more details.

Speaking of Ethereum, the digital asset is finally trading in the green, and it’s priced at $515. 

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

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