Fidelity Investments, a leading American-based investment firm, is poised to launch Fidelity Crypto, a dedicated investment platform catering to cryptocurrencies. This new offering will be spearheaded by Fidelity Digital Assets, the firm’s specialized arm for managing digital assets.

OSL, a digital-assets platform backed by Fidelity International, is cutting costs by about a third as turbulence in crypto markets continues to reverberate throughout the industry.

The firm filed three trademark applications in the United States covering a host of web3 products and services including, virtual real estate investments, cryptocurrency trading, and NFT marketplaces, among others. The investment giant’s latest move has kept users gleeful as they await the offerings in the metaverse.

Investment firm Fidelity has written down the value of its initial stake in Twitter following its funding of Elon Musk’s takeover of the social media platform.

As part of its most recent expansion into the world of cryptocurrencies, Fidelity has taken the first step by submitting three trademark applications for the provision of services in the metaverse. According to the documents filed, the company also seeks to offer its conventional financial services in different virtual realities.

As part of its most recent expansion into the world of cryptocurrencies, Fidelity has taken the first step by submitting three trademark applications for the provision of services in the metaverse. According to the documents filed, the company also seeks to offer its conventional financial services in different virtual realities.

Fidelity says it hopes to expand its cryptocurrency trading opportunities over time.

Fidelity has opened up retail crypto trading accounts after first announcing a waiting list earlier this month.