2.57m
FIDELITY INTERNATIONAL
“ OUR ROLE IS NOT NECESSARILY TO DICTATE WHAT INVESTORS SHOULD DO BUT TO OFFER THEM A CONVENIENT AND SECURE WAY TO ACCESS THIS ASSET CLASS ”
LUC FROEHLICH GLOBAL HEAD OF DIGITAL ASSET SOLUTIONS , FIDELITY INTERNATIONAL
LUC FROEHLICH
Technology Forum and ESMA ’ s Consultative Working Group for financial innovation .
“ Within digital assets , whilst we may be in a ‘ crypto winter ’ at present , institutional interest in digital assets remains high , especially with recent gains in prices of bitcoin ( up 20 % in recent weeks ) and Ether ,” Bear says . “ Failures of centralised entities like FTX have prompted a ‘ flight to quality ’, which has benefited firms like Fidelity International . The increased focus on crypto by regulators around the world is leading to greater confidence in the asset class by institutions , and the innovation and low costs seen in DeFi protocols is prompting a wave of innovative proofs of capacity ( PoCs ) and pilots by leading banks , regulators and central banks , such as Projects Guardian ( MAS , JP Morgan , SBI ), Mariana ( BIS , SNB , MAS and Bank of France ) and SocGen Forge ’ s recent US $ 7m loan from the Maker Dao DeFi protocol .”
2.57m
Fidelity ’ s total number of customers
TITLE : GLOBAL HEAD OF DIGITAL ASSET SOLUTIONS COMPANY : FIDELITY INTERNATIONAL INDUSTRY : FINANCIAL SERVICES LOCATION : HONG KONG SAR
Luc is the Global Head of Digital Assets at Fidelity International , where he spearheads the firm ’ s digital assets and cryptocurrencies strategy and engages with institutional investors .
Along with his role at Fidelity , Luc has worked with the World Economic Forum on workstreams related to distributed ledger technology , central bank digital currencies and stablecoins . He has also been advising fintech start-ups in the cryptocurrency and tokenisation space , and is a guest lecturer on digital assets at several universities .
Before joining Fidelity , Luc was a portfolio manager , managing money for central banks and pension funds ; he was a trader in credit derivatives and started his career as a credit analyst .
He holds a Master ’ s degree in Economics and Business Administration from the University of St . Gallen , Switzerland ; is a CFA and CAIA charterholder ; and is currently working towards a Master of Science in Blockchain and Digital Currency at the University of Nicosia , Cyprus .
June 2023 | fintechmagazine . com 69