The cryptocurrency crashes during 2018 caused some observers to predict their imminent demise. However, Fidelity Investments’ recent creation of a cryptocurrency custody unit certainly reflects credible interest in digital assets among at least some pension funds and traditional asset managers. With apologies to Mark Twain, then, the report of crypto’s death was “an exaggeration.”

If digital currencies have proved somewhat resilient, how much greater reason to believe in the longevity and latent power of the underlying set of technologies: blockchain.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]