Fidelity Goes Crypto
Financial services provider Fidelity Investments is launching a cryptocurrency trading and storage platform. The price of the tether stablecoin (USDT) fell to an 18-month low Monday, and rumors are swirling. But it's not all bad news for stablecoins: Hong Kong-based cryptocurrency exchange OKEx has announced that it is adding four U.S. dollar-pegged cryptocurrencies to its platform for trading. Blockchain startup Adhara has secured $15 million in new funding from Consensys, the ethereum design studio. Good news for its all-star team of former banking innovators. Sony has developed a new blockchain-based digital rights management system that may see commercial rollout. Late Confirmation is a CoinDesk production made in collaboration with The Podglomerate. For more information, visit www.CoinDesk.com
