Fidelity has confirmed that it will be introducing its “Crypto for Wealth Managers” feature within the next few months. The company spokesperson announced that select advisors will have access to this new offering by the end of the year.
Fidelity’s “Crypto for Wealth Managers” will be integrated into its advisor workstation, Wealthscape. It will leverage Fidelity’s existing digital asset custody and trading services provided by Fidelity Digital Assets. This integration aims to provide advisors with a more efficient experience when dealing with and reporting on crypto assets.
Notably, Fidelity will become the first major custodian for advisors to incorporate crypto assets into its native platform.