Fidelity Digital Asset President: Fidelity is negotiating with traditional institutions, expecting Bitcoin as an entry product

According to AMBCrypto, Tom Jessop, president of Fidelity Digital Assets, said that Fidelity currently prefers market makers to exchanges because of larger trading volumes. It believes that the scale of liquidity offered by OTC providers may now be better than shown in the order. Jessop said that despite the high volume of exchanges, some investors are more interested in obtaining liquidity through over-the-counter trading than through exchanges. In addition, Jessop said that Fidelity is negotiating with many traditional institutions and expects to use Bitcoin as a starting product.