FIDELITY INTERNATIONAL
“ We have a philosophy of pushing the boundaries and using new technologies . There is a very entrepreneurial spirit that runs within Fidelity International ”
LUC FROEHLICH GLOBAL HEAD OF DIGITAL ASSET SOLUTIONS , FIDELITY INTERNATIONAL by preparing for tokenised securities and central bank digital currencies ( CBDCs ) too . One way it did this was by examining the tokenisation of some of the fund share classes it offered , and identifying where there was demand in the market , Froehlich says : “ If you think of digital-native investors , which are naturally more adept to digital assets , they are also looking at ways of integrating traditional assets into their portfolio or wallet . Tokenising this asset necessitates a change , an upgrade in our infrastructure , which is another area that I ' m focusing on . So it ' s both this convergence from client demand and need for an upgraded infrastructure that led to the decision to dedicate resources to this topic .” The fact that Fidelity ’ s customers were asking them to invest in this space was
7 March 2023