Fidelity Investments May Launch Crypto Trading Soon

This is reported by the Bloomberg; it's worth reminding  final stage of testing the Fidelity's platform for trading and storing digital assets took place in Feb
06 May 2019   909

The Fidelity Investments financial corporation, which manages $ 7.2 trillion in funds, will open up the opportunity to buy and sell bitcoins for institutional clients within a few weeks. It is reported by Bloomberg, citing informed sources.

At the moment, a limited number of investors have access to the platform. Over the coming weeks and months, it's expected Fidelity will to launch Bitcoin services, focusing on requests from jurisdictions and customers.

Add that according to the latest study of the division of Fidelity Digital Assets, 22% of institutional investors are already involved in working with cryptocurrencies.

The final stage of testing the Fidelity's platform for trading and storing digital assets took place in February.

In March, the site management announced that it doesn't plan to add other cryptocurrencies, focusing on Bitcoin. In particular, a number of planned hard forks prevented Ethereum's listing.

According to the results of a survey conducted by the consulting firm deVere Group, 68% of wealthy people have either already invested in cryptocurrency or are going to do it before the end of 2022.

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   955

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.