Citadel, Virtu, fidelity, Schwab building crypto platform.
Global market maker Citadel Securities and Virtu Financial are building a cryptocurrency trading platform with help from retail brokerage giants Fidelity Investments and Charles Schwab, Bloomberg reported Tuesday, citing people familiar with the matter.
The crypto product is still in its early development, the people said, adding that it could be available late this year or early next year.
A spokesperson for Schwab, Mayura Hooper, said the brokerage giant “has made a minority, passive strategic investment in a new digital asset venture”.