Fidelity Crypto adds Solana support, extending its lineup beyond Bitcoin, Ethereum and Litecoin

Fidelity Digital Assets has extended buy, sell, and trading support for Solana across its various crypto platforms, including Fidelity Crypto for retail investors, IRAs, Wealth Managers, and its institutional trading platform. Fidelity Crypto initially launched in March 2023, offering Bitcoin and Ethereum, and later added Litecoin. While crypto transactions on the app are commission-free, Fidelity Digital Assets collects a spread of up to 1%. A Fidelity spokesperson stated that adding Solana continues the firm's long-term effort to build infrastructure and products for digital assets comparable to those offered for traditional asset classes. This move follows Fidelity Investments' earlier significant involvement in the crypto space, including launching spot Bitcoin and Ethereum ETFs in the U.S.

(Source：The Block)