Fidelity CEO: Fidelity is expanding its cryptocurrency business

According to the Financial Times, Fidelity Investments, the US financial services company, is currently trying to use its expertise to address the storage pain points of cryptocurrencies, and plans to "fully roll out" its hosting and trading services for digital assets. Fidelity CEO Abigail Johnson said that Fidelity is expanding its cryptocurrency custody business, hoping to profit from the large regulated institutions in the digital asset world.