OTC Deals
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OTCbid - Fidelity clears regulatory hurdle to become Canada’s first institutional Bitcoin custodian
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" The service would only be available to institutional investors for now, but Fidelity is also launching Bitcoin ETFs to cater to retail interest.
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As reported by The Globe and Mail, Fidelity Clearing Canada received approval from the Investment Industry Regulatory Organization of Canada on Wednesday to launch a Bitcoin (BTC) trading and custody platform. It is designed for use by institutional investors — such as pension funds, portfolio managers and mutual funds — and would be a first-of-a-kind service in the country.
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The firm also plans to cater to retail investors with its regulatory filing for a Bitcoin exchange-traded funded and mutual fund, which was submitted earlier this week. As of September, Fidelity has over $4.2 trillion in assets under management around the world. In addition, exchange-traded cryptocurrency products are rapidly gaining traction, with more than 40 such instruments awaiting approval in the United States alone.
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In an interview with The Globe and Mail, Scott Mackenzie, president of Fidelity Clearing Canada, said the following:
“The demand for investing in digital assets is growing considerably and institutional investors have been looking for a regulated dealer platform to access this asset class.”" - Read Full Article
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Source: Cointelegraph
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500K+ BTC BUYER IN TURKEY
" We get asked for millions of BTC from billion-dollar companies. We can do it with multiple sellers and multiple wallets."
- OTCbid
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-10 Gross, -5% Net, Trust, Istanbul, Turkey
Seller Mandate Only
- OTCbid.com
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NEW : 500K+ BTC @ -10% gross, -5% net, Trust, Istanbul, Turkey - Look For Seller
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(Buyer : TSA USEE-Gail)
Post: 18.11.21
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An Institutional Buyer(Trust), is looking for 500K BTC @ -10%gross, -5% net
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This is a sophisticated Institutional Buyer, who's listed on the Borsa Istanbul stock exchange.
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Buyer = 5%
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Buyerside = 2%
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Sellerside = 2% ​​​​​
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Intermediary = 1% (closed)
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​PROCEDURE:
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1. The Trust (BUYER) will open a USD Online Account for SELLER. The SELLER will receive Login credentials to see his account.
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2. The BUYER shall credit SELLER's account with 100% USD equivalent of 5,000 BTC less Discount .
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3. The SELLER shall transfer the BTCs to the Trust's designated Wallet .
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4. The BUYER shall Credit/Debit USD to adjust to final Price. (Price is set as soon as the BTC hits THE BUYERS wallet)
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5. The SELLER will send instructions through his online account to wire out the money.
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We are direct to our Buyer. We can take whatever they have - huge appetite.
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SELLER MANDATE ONLY
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Interested parties should contact :
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OTCbid@gmail.com
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Telegram @OTCbiddotcom
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Telegram: +1 (786) 632 8577
