Fidelity CEO Backs Bitcoin as "Gold Standard"

Source: Coinomedia Original Title: Fidelity CEO Backs Bitcoin as “Gold Standard” Original Link: https://coinomedia.com/bitcoin-gold-standard/

Fidelity CEO’s Bitcoin Endorsement

Fidelity Investments CEO Abigail Johnson has once again affirmed her belief in Bitcoin, stating that she personally owns the digital asset. In a recent discussion, Johnson referred to Bitcoin as the “gold standard” of the crypto world — a powerful endorsement from one of Wall Street’s most influential figures.

Fidelity has long been a pioneer among traditional financial institutions when it comes to embracing cryptocurrencies. Johnson’s personal investment in Bitcoin only strengthens the company’s position as a forward-thinking leader in the digital finance space.

A Personal Stake in Crypto

Abigail Johnson’s support for Bitcoin isn’t just corporate — it’s personal. She openly shared that she holds Bitcoin in her own portfolio, which shows her long-term confidence in the asset’s value and potential. Her decision aligns with Fidelity’s broader strategy, which includes launching Bitcoin investment products and offering custody services for institutional clients.

Her public declaration sends a message of trust to investors who may still be uncertain about the legitimacy or long-term viability of cryptocurrencies.

Bitcoin’s Role in the Financial Future

Calling Bitcoin the “gold standard” highlights Johnson’s view of the cryptocurrency as a reliable store of value, much like physical gold. In an industry filled with thousands of coins and tokens, this statement singles out Bitcoin as the most trusted and enduring asset.

With ongoing global economic uncertainty, many investors are turning to Bitcoin as a hedge against inflation and traditional market risks — much like they have historically turned to gold.

Fidelity’s continued support of Bitcoin — combined with Johnson’s personal investment — may further influence institutional investors to explore or expand their crypto exposure.