Asset ManagementErisX Advances Strategic Relationship with Fidelity

BusinessWire BusinessWireApril 14, 20203 min

ErisX is expanding safe and regulated access to digital assets through familiar investing tools, by collaborating with Fidelity Digital Asset Services, LLC (Fidelity Digital AssetsSM). Fidelity Digital AssetsSM can now access the ErisX spot market, increasing the breadth of accessible liquidity available to Fidelity Digital Assets’ customers.

While ErisX works with individual and institutional investors that value surveilled, fair and professionally-run market centers, the ErisX model has always included intermediaries as a way for digital assets to be a part of an investor’s broader portfolio. The addition of Fidelity Digital Assets brings a stable of vetted institutional investors that want increased access to Bitcoin liquidity.

“We believe in the crypto ethos of accessibility to all on equal terms and about leveling the playing field for everyone,” said Thomas Chippas, CEO of ErisX. “Our time-tested and proven central limit order book ensures that the best price on the market is available to everyone. We are thrilled to have Fidelity Digital Assets’ support for our transparent market model.”

“We’re excited to deepen our strategic relationship with ErisX and to give our clients more liquidity in their digital asset trading,” said Terrence Dempsey, Head of Product for Fidelity Digital Assets. “We believe ErisX’s central limit order book exchange model is critical to the maturation of crypto markets. Coupled with their technical aptitude, accessible order sizes, and a robust regulatory framework, ErisX is an attractive solution to securely access digital assets.”

BusinessWire

BusinessWire

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