Fidelity, one of the leading global financial services players, plans to launch a cryptocurrency and blockchain-related products by the end of 2018, Abigail Johnson, the chief executive officer (CEO) of the company said during the Boston Fintech Conference last week, xConomy reported on Friday.
Johnson was part of the so-called “fireside chat,” moderated by Sarah Biller, co-founder of FinTech Sandbox, a Boston-based non-governmental organization that helps startups. Asked about more details regarding information that Fidelity employees are working on virtual coin and distributed ledger technology (DLT) offerings, Johnson explained that some of the products have already been developed.
“We’ve got a few things underway, a few things that are partially done but also kind of on the shelf because it’s not really the right time,” Johnson told Biller as quoted by xConomy. “We hope to have so...
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