Fidelity Investments may not be stopping at bitcoin (BTC) and ether (ETH) after its digital unit begins cryptocurrency trading next year.

“I think there is demand for the next four or five [cryptocurrencies] in rank of market cap order. So we will be looking at that,” said Tom Jessop, head of Fidelity Digital Assets, the Fidelity unit that would be offering the crypto trading, during the Block FS conference in New York.

That means the exchange is considering offering, aside from bitcoin and ether, XRP (XRP), bitcoin cash (BCH), stellar (XLM), EOS (EOS) and litecoin (LTC), the largest by market cap according to CoinMarketCap.

For now, however, the unit will start with bitcoin and ether because that is what Fidelity’s 13,000-plus institutional clients want, he said. But that could change.

“I think when it comes to security tokens or tokens that are likely to be deemed securities, we are waiting for that space to develop,” he said, as quoted by CoinDesk. “We have had some interest but we don’t think it’s a groundswell of interest.”

ThirtyK Staff
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