Fidelity Launches $200M Tokenized Money Market Fund on Ethereum
Fidelity has successfully launched its Tokenized Money Market Fund on the Ethereum blockchain, introducing a tokenized share class of its Treasury fund valued at $200 million. This move is part of Fidelity's strategy to tap into the expanding tokenized U.S. Treasuries market, which is currently valued at approximately $7 billion.
Fidelity Launches $200M Tokenized Money Market Fund on Ethereum
Fidelity has successfully launched its Tokenized Money Market Fund on the Ethereum blockchain, introducing a tokenized share class of its Treasury fund valued at $200 million. This move is part of Fidelity's strategy to tap into the expanding tokenized U.S. Treasuries market, which is currently valued at approximately $7 billion.
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