FIDELITY DIGITAL ASSETS SERVICES, LLC
Fidelity Digital Asset Services, LLC provides institutional custody and trade execution for cryptocurrencies as part of Fidelity's digital assets business. It is a limited purpose trust company chartered by the New York Department of Financial Services (NYDFS) in 2019. In December 2025 the OCC conditionally approved converting the state trust company into a national trust bank (Fidelity Digital Assets, National Association). The business offers institutional-grade custody with physical, cyber and operational controls, along with trading services, supporting assets such as bitcoin and ethereum.
🏛 Regulatory Status
Recent News
Sovereign wealth funds legitimizing digital assets signals institutional capital flowing into tokenized securities infrastructure, reshaping market structure.
OCC conditionally approved converting Fidelity Digital Assets into an uninsured national trust bank under federal supervision.