Fidelity's once-dormant crypto VC fund is back in action
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Quick Take
- Fidelity’s little-known crypto VC fund is back in action, according to a direct source
- The fund was inactive earlier this year, but now has a new portfolio manager
- Fidelity announced in October a crypto trading and custody business
Fidelity Investments’ crypto venture fund is back in action. The $2.5 trillion money manager made a big splash in the cryptocurrency world recently when it announced it was launching Fidelity Digital Assets, a custody and execution services business for digital assets. However, it turns out that’s not the firm’s only cryptocurrency operation. As previously reported […]
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