The well-known financial company Fidelity announced that it will start working with Ethereum soon. The coin will be used for custodial services, according to the statement issued by Tom Jessop, president of the company. The required testing has been underway since October. In that landmark month, the company began the final phase of testing. The latter involves everyone who actively monitors the company's custodial solutions and other developments.
It is worth noting that the company has already started dealing with Bitcoin, as the company sees this digital asset as the most reliable cryptocurrency on the market. However, the growing demand for the second most attractive coin in terms of capitalization, Ethereum, compels the company to consider using this major asset and slowly embrace working with 'digital silver.' The company's president also stressed that working with the cryptocurrency implies launching operations on an unnamed cryptocurrency exchange, and using this platform, transactions will be carried out. The platform remains a secret for now, but details are likely to be announced soon.
These tokens are not only for clients but also for employees, as a reward and an additional incentive for productive work. Maybe more details about trading with Ethereum will be unveiled soon, so you don't miss out on updates, follow all the news from the cryptocurrency industry with us. We only publish interesting and high-quality content. See you soon!