Fidelity continues to probe the pulse of the market for entry into the crypto currency sector

Fidelity continues to probe the pulse of the market for entry into the crypto currency sector

Fidelity continues to probe the pulse of the market for entry into the crypto currency sector

The giant corporate firm Fidelity continues to probe the pulse of the market for entry into the crypto currency sector according to FN London. The company launched a trading simulator to determine the attitude of its customers towards crypto money.

Fidelity launches simulator for entry into the crypto currency industry

This step is in the midst of rumors that Fidelity will be included in the crypto currency eco-system and will set up tables at all branches throughout the country for crypto currencies.

In order to determine the perception of customers against crypto currencies, Fidelity launched a simulator, which employees could play with a total of GBP 10,000 (pound sterling) counterfeit money and presented it to their employees. 1,200 out of 8,000 employees have already participated in the game. In a market with such high volatility, the participants will try to increase their presence by predicting BTC’s movements.

Undoubtedly, this step raised the expectations that institutional investors would flock to the crypto ecosystem. Therefore, Fidelity wants to be the first company to benefit from the institutional investors’ participation in the market. Fidelity wants to pave the way for corporate clients to connect directly to the crypto currency with the pension fund. In preparation of the relevant legal regulations.

Returning to the game again, the game is designed to increase Fidelity employees’ experience with Bitcoin and other crypto currencies. The simulator not only provides players with information about market dynamics, but also provides information about the structure of crypto currencies with distributed notebook technology.

All these preparations stem from Fidelity’s desire to be a pioneer in the eco-system.

About Viktor Sokolov 163 Articles
Nerd, entrepreneur & coffee aficionado. Believes that blockchain infrastructure and bitcoin will be the money system of the coming decades. Trying to make visible what this means for technology, economy, companies and societies.

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