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Blockchain is the New Cool, Fidelity Channels $2.5 Billion to Research

Fidelity, the 72-year mutual fund famous at Wall Street than in Silicon Valley, is changing tact and investing billions of dollars in emerging technologies as blockchain a Fidelity executive has revealed. For its long history, the firm plan to compete with tech companies and not outperform traditional competitors as Charles Swab because “blockchain is the new cool.” Fidelity Technology…
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