Fidelity digital assets expand crypto trading products

Fidelity Digital Assets, a subsidiary of asset management giant Fidelity, expanded its trading platform to include the crypto exchange ErisX. As the new coronavirus triggered panic in the global market, the company experienced a record trading day. It is reported that Fidelity Digital Assets provides customers with a platform to store and trade Bitcoin across different locations. Previously the platform only included market makers, who internally matched orders issued by Fidelity Digital Assets; Fidelity can now send orders to the market of crypto exchange ErisX. A Fidelity spokeswoman said that ErisX is the first exchange to introduce Fidelity digital assets and it is still integrating with other large brokerages, including Wedbush Securities and TDAmeritrade.