Earlier in the year, Fidelity Investments launched its arm dedicated to cryptocurrencies. Called Fidelity Digital Assets (FDAS), the branch trades in and takes custody of digital assets. Now, according to FDAS President Tom Jessop, the platform will take its time adding support for Ethereum.
Fidelity Digital Assets
The platform currently has support for Bitcoin and is still evaluating what cryptocurrencies may be added in the future.
Where Ethereum is concerned, the executive has expressed that the company is biding time:
“We’d love to have support [for] ether but you know you have a hard fork coming up and some upgrades, so I think we’re trying to see how those things work out before we make a decision to put them on the platform.”