US-based fund manager Fidelity is to offer European institutional investors access to its platform for securing, trading and supporting digital assets, such as bitcoin.

The European launch builds upon its 2018 launch of Fidelity Digital Asset Services, a New York state-chartered limited liability trust company that already provides these services to US-based institutional investors.

Fidelity has recruited Chris Tyrer to head up the European launch; he was a Managing Director at Barclays Investment Bank, leading its digital assets project to examine potential market opportunities.

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US-based fund manager Fidelity is to offer European institutional investors access to its platform for securing, trading and supporting digital assets, such as bitcoin.

The European launch builds upon its 2018 launch of Fidelity Digital Asset Services, a New York state-chartered limited liability trust company that already provides these services to US-based institutional investors.

Fidelity has recruited Chris Tyrer to head up the European launch; he was a Managing Director at Barclays Investment Bank, leading its digital assets project to examine potential market opportunities.