To it’s retail customers. About a one minute read.
Comment: Epic news. If you’re not aware, Fidelity is America’s second largest retail brokerage, roughly 40M customers, about $4.5 trillion dollars under management and excellent service (disclosure: I’ve been with Fidelity’s Private Bank for about 30Y). Where Fidelity goes other retail brokers will follow. We’re going to see a wave of unregulated and under capitalised crypto brokers closing. Once upon a time we had to use these brokers, but no more. Finally, I can get custody of my crypto. Excellent.