Fidelity’s Digital Assets Adds Solana Custody and Trading Services
Fidelity Digital Assets now supports Solana purchases, sales, and trading for U.S. retail investors, extending access beyond institutional clients and further integrating blockchain assets into traditional brokerage services.
BTC
ETH
SOL
Summary
According to Fidelity Investments’ official announcement, Fidelity Digital Assets began supporting Solana (SOL) purchases, sales, and trading across all crypto platforms on November 23. U.S. retail investors can now buy and sell SOL directly through Fidelity brokerage accounts. This expansion follows the firm’s prior institutional-only Solana custody and trading services launched on October 23, and reflects Fidelity’s strategy to integrate blockchain assets into mainstream investment offerings.
Terms & Concepts
- Custody: In cryptocurrency, custody refers to the safekeeping of digital assets by a trusted third party or institution, ensuring secure storage against theft or loss.
- Solana: A high-performance blockchain platform known for its fast transaction speeds and low costs, used for decentralized applications and cryptocurrencies.
- Assets Under Management (AUM): The total market value of assets an investment firm manages on behalf of its clients.