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19 April 2021

Fidelity Says Bitcoin Adoption Will Keep Accelerating — 'We've Reached a Tipping Point' – Featured Bitcoin News

Fidelity Says Bitcoin Adoption Will Keep Accelerating — 'We've Reached a Tipping Point' – Featured Bitcoin News


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Fidelity Says Bitcoin Adoption Will Keep Accelerating — 'We've Reached a Tipping Point' – Featured Bitcoin News.

Fidelity’s head of digital assets says that bitcoin adoption will continue “at an accelerated pace,” noting that “we’ve reached a tipping point.” He explained that investors are increasingly drawn to bitcoin “Particularly, in an environment where we’ve seen unprecedented monetary and fiscal stimulus from central banks and governments in response to the pandemic.”.

Tom Jessop, president of Fidelity Digital Assets at Fidelity Investments, talked about bitcoin adoption Wednesday during an interview at Marketwatch and Barron’s “Investing in Crypto” event.

The Fidelity executive says that the maturation and adoption of bitcoin as an investment class “will continue at a rapid pace in the coming years,” Marketwatch detailed, adding that this suggests that cryptocurrency may have turned a corner in traditional finance circles.

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