Fidelity Investments that it will offer cryptocurrency trading within the next few weeks. The trading is to be aimed at institutional rather than , a decision in line with Fidelity’s showing that up to 40% of institutional investors will enter the cryptocurrency space within the next 5 years.
Matt Branton, CTO of Neutral and architect of the Neutral Dollar, a fourth generation stablecoin pegged to a basket of four other stablecoins for increased stability, offers his insights;
[REITs]
Matt Branton, CTO of , said:
“Reports that Fidelity Investments plans to offer cryptocurrency trading within the next few weeks signifies further incorporation of decentralized financial instruments into the traditional space. Large enterprises are driven by market demand for investment products and as the matures digital assets are becoming popular. Institutional investors want to ensure they take advantage of the opportunities presented by decentralized finance. Whatever the initial opinions of cryptocurrency may have been in traditional markets, it has quickly become an unavoidable market force.”
About Neutral
Neutral, founded in 2018, is a smart contract system offering superior financial instruments to the cryptocurrency space. Leveraging proven investment concepts, Neutral builds upon existing infrastructure to facilitate growth in the cryptocurrency and blockchain industry. Neutral’s first product, Neutral Dollar (NUSD), is an aggregated basket of stablecoins, resulting in a superior digital dollar which has lower volatility, increased liquidity, and increased transparency when compared to other on the market. Neutral’s core team comprises of experienced investors, quantitative traders, trading system developers, and is advised by Nobel Prize economists and financial industry experts. The company is backed by Sequoia Capital China and has offices in San Francisco, New York, and Beijing. For more information, visit or follow Neutral on,, or.
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Published at Thu, 09 May 2019 10:49:57 +0000
