FIDELITY INTERNATIONAL
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When we first talk to Fidelity International , it ’ s one of the coldest days of the year so far in Europe , with temperatures in some parts dropping as low as -10 ° C . It ’ s representative of the mood that has swept over the crypto industry in the past year , undergoing a winter of its own . In part that has been affected by unfavourable economic conditions , price volatility , and the collapse of crypto exchange FTX and crypto lender Genesis .
Retaining investor confidence in crypto , then , could be seen as an unenviable task . For Luc Froehlich , Global Head of Digital Asset Solutions at Fidelity International , it was a challenge he wanted to take on , being an early adopter of crypto . Froehlich , who talks to me from his office in Hong Kong , started investing in bitcoin back in 2015 – the early days , so to speak , for a sector that has moved with pace in such a short period of time .
Froehlich has a background as a credit analyst , trader and a fund manager , working for industry heavyweights like Credit Suisse and Manulife Asset Management . Cryptocurrencies were still an incredibly new frontier at that time . In 2016 and 2017 , shortly after Froehlich took a step into crypto investing , a wave of initial coin offerings ( ICO ) started coming out . Froehlich says , over the next couple of years , he underwent an “ educational journey ” – and senior leaders
3 March 2023