# Fidelity and Nexo are entering institutional lending market

# Fidelity and Nexo are entering institutional lending market

“# Fidelity and Nexo are entering institutional lending market ” Fidelity Digital Assets — the crypto wing of Fidelity Investments — and crypto borrowing and exchange platform Nexo have announced a partnership to offer crypto custodial services, products and lending services for institutional investors.  The two firms will create a comprehensive product line and legal…

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# First Midwest Bank Trust Division increases Grayscale Bitcoin Trust holdings by 283%

# First Midwest Bank Trust Division increases Grayscale Bitcoin Trust holdings by 283%

“# First Midwest Bank Trust Division increases Grayscale Bitcoin Trust holdings by 283% ” Illinois-based financial services company First Midwest Bank’s trust division has reported it held 29,498 shares of Grayscale’s Bitcoin Trust as of the second quarter of 2021.  According to an institutional investment manager holdings report filed by the First Midwest Bank Trust…

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# Ark Investment tips M into Grayscale Ethereum Trust

# Ark Investment tips $20M into Grayscale Ethereum Trust

“# Ark Investment tips $20M into Grayscale Ethereum Trust ” Cathie Wood’s Ark Investment has reported holdings of 639,069 shares in Grayscale’s Ethereum Trust for Q1 — currently worth around $20.9 million at today’s prices. ARK Investment has bought 639,069 shares of the Grayscale Ethereum Trust. pic.twitter.com/ofXD5F7QpA — Documenting Ethereum (@DocumentEther) May 18, 2021 The…

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