Fidelity adds custody and trading support for Solana
Fidelity Investments, the $5.8 trillion asset manager, has expanded its Solana offering with support for custody and trading.
- Fidelity Investments has added Solana to list of supported cryptocurrencies.
- Clients can now access trading and custody via brokerage accounts.
- The $5.8 trillion asset manager already supports Bitcoin, Ethereum and Litecoin.
The asset manager quietly added Solana ( SOL ) to its list of available custody and trading tokens, with SOL now available to all U.S. brokerage customers.
Fidelity’s move now allows customers to hold Solana tokens alongside Bitcoin, Ethereum and Litecoin.
SOL allows the asset manager, which is among top issuers of exchange-traded funds and tokenized assets in the space, to expand its digital asset offerings. It means further institutional adoption of Solana and potentially more crypto products within its growing ecosystem.
Fidelity expands cypto support
The asset manager is among the first companies to file for spot Solana ETFs, with anticipation for approval among the key catalysts for SOL price. Cboe BZX officially filed for Fidelity’s Solana ETF in March.
Earlier, the company unveiled a no-fee individual retirement account, with U.S. adults able to invest in crypto in a tax-advantaged way. That launch in April 2025 saw Fidelity’s crypto IRA offer BTC, ETH and LTC to clients within their retirement accounts.
In September this year, it launched its Treasury fund on Ethereum, a move that marked a fresh foray into the rapidly expanding tokenized Treasuries market.
Support for Solana across the financial market has seen a flurry of activity around SOL treasury strategies. Multiple publicly-traded firms have created Solana treasury companies, scooping millions of the token as bets on its future growth drive balance sheet moves.
One of the latest players on the scene is Nasdaq-listed Solana Company, which has amassed over 2.2 million SOL. The company is partnering with Helius and Twinstake to tap into non-custodial staking.
Solana Company also eyes custody with Anchorage Digital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AAVE Rises 4.85% Following $50M Buyback and $35B TVL: Will Chainlink ACE Prevent Further Decline?
- Aave's AAVE token rose 4.85% in 24 hours amid a $50M annual buyback program and $35B TVL, despite 13.66% monthly declines. - The protocol generated $98. 3M in fees and $12.6M revenue last month, supporting its position as a stable DeFi platform with strong liquidity. - Technical analysis identifies $150–$160 as a potential floor, with bullish targets at $240–$538 by year-end if key trendlines hold. - A backtesting strategy using historical data aims to validate the buyback's price-stabilizing impact amid
MSX Connects Conventional and Blockchain Financial Systems through Incentives Prioritizing Liquidity
- MSX launches S1 Points Season with M Bean incentive mechanism to boost user engagement and liquidity via blockchain-based rewards. - Non-lockup model allows users to earn rewards through trading, staking, and governance, mirroring MEXC's high-yield airdrop strategies. - Platform integrates on-chain data partnerships (e.g., Tradeweb-Chainlink) to provide institutional-grade transparency in tokenized finance. - Analysts highlight need for sustained utility and adaptive tokenomics to maintain value, leverag
Semiconductor Industry Instability Challenges the Community-Based Resilience of Pi
- Pi Network stabilizes at key support level amid mixed tech sector signals, influenced by semiconductor earnings and capital shifts between traditional/digital assets. - Analog semiconductors show divergent performance: onsemi (-15.4% YoY) and Himax (-10.4%) decline, while MACOM jumps 32.3% on network chip demand. - Whale liquidity injections and resilient retail demand (social media growth) support Pi, mirroring micro-cap stock trends like Wasatch Fund's 9.52% Q3 return. - Macroeconomic risks (inventory
Bitcoin News Update: Bitcoin’s $125,000 Bet: Robust Profits Face Uncertain Job Market
- Bitcoin's $125,000 year-end target faces skepticism as on-chain data shows key resistance levels and fragile STH support at $113,000. - MVRV ratios suggest higher potential ($160K–$200K) if Bitcoin sustains momentum above $113,000, aligning with historical bull cycle patterns. - Strong corporate earnings (S&P 500 +10.7% YoY) contrast with stagnant job markets and AI-driven layoffs, creating mixed macroeconomic signals. - Government shutdown delays critical economic data, heightening uncertainty around in
Trending news
MoreCrypto prices
More
