Fidelity becomes first asset manager to join blockchain group IC3

April 10, 2017 By Anna Irrera NEW YORK (Reuters) – Fidelity Investments Inc has become the first financial institution to join the Initiative for CryptoCurrencies & Contracts, a group of academic institutions and technology companies looking to develop blockchain-based technology. Fidelity Labs, the innovation arm of asset manager Fidelity, will be a member of IC3 along with Cornell University, University of California at Berkeley, University of Illinois at Urbana–Champaign, the Technion, IBM Corp and Intel Corp, the company said in a statement. The Boston-based fund manager will collaborate with the…

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