Fintech Giant FIS To Launch Institutional Bitcoin, Crypto Trading Today

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  • FIS and Fireblocks are teaming up to provide enterprise-grade bitcoin and other cryptocurrency asset management services.
  • 6,000 enterprise-grade clients will have access to a full financial suite allowing them to access features such as self-custodied wallets and constant access to a secure transfer network.
  • A survey cited in the press release from FIS states 69% of institutional investors want to adopt bitcoin or other cryptocurrencies for asset management.

FIS, a publicly-traded fintech company and the largest processing and payments provider in the world, has partnered with New York-based cryptocurrency infrastructure firm Fireblocks to enable its over 6,000 capital markets clients access to a full suite of financial services for bitcoin and other cryptocurrencies, according to a Wednesday press release.