Updated:
Fidelity Digital Assets
Fidelity Digital Assets is dedicated to building enterprise-grade custody and trading services for institutional investors. Learn more about our digital asset...
Fidelity Digital Assets
Fidelity Digital Assets is dedicated to building enterprise-grade custody and trading services for institutional investors. Learn more about our digital asset platform here.
General information
Firm type
Asset Manager
Year founded
2019
Location
Region
Europe
Country
United States
City
Boston
Corporate office
Boston, MA, United States
Additional offices
London, United Kingdom · Menlo Park, CA · San Francisco, CA · Miami, FL · New York, NY · Chicago, IL · Princeton, NJ · Los Angeles, CA
Sector focus
Frequently asked questions
How is Fidelity Digital Assets structured relative to the rest of Fidelity Investments?
It operates as a dedicated business line within FMR LLC, the parent of Fidelity Investments, rather than a legally separate firm. It shares Fidelity's governance, compliance, and balance sheet, while maintaining its own technology stack and custody platform built specifically for digital assets.
Does Fidelity Digital Assets offer fund products or only custody and trading?
The unit itself focuses on custody, execution, stablecoin services, and integrated wealth-manager tools. Separately, Fidelity launched spot Bitcoin and Ether ETFs through Fidelity Wise Origin Bitcoin Fund and Fidelity Ethereum Fund, which use an affiliate for custody. Allocators can access digital assets through either the platform or the firm's listed products.
Which digital assets does Fidelity Digital Assets custody?
The firm historically supports Bitcoin and Ether, emphasizing assets where blockchain data and institutional liquidity are mature. Fidelity has not disclosed custody coverage for altcoins, reflecting its conservative, enterprise-grade approach aimed at regulated institutional investors.
How does Fidelity Digital Assets source liquidity for trade execution?
The execution service aggregates prices from multiple liquidity venues — which the firm calls a multi-venue model — so clients can trade without moving assets out of cold storage. Fidelity acts as the execution counterparty, and the firm controls the routing logic internally, not through an external aggregator.
What is the Fidelity Digital Dollar (FIDD) and who is it for?
Fidelity Digital Dollar is a stablecoin pegged 1:1 to the U.S. dollar, built to institutional standards. It is designed for use across Fidelity's digital-asset platform, likely serving settlement, collateral, or cash-leg needs, though the firm has not publicly detailed live issuance or pilot partners.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: