Fidelity Launches Tokenized Money Market Fund on Ethereum
Fidelity has successfully launched its Tokenized Money Market Fund on the Ethereum blockchain, entering the expanding tokenized U.S. Treasuries market, which is currently valued at $7 billion. This move includes the introduction of the FDIT, a tokenized share class of its Treasury fund, with an initial investment of $202 million.
Fidelity Launches Tokenized Money Market Fund on Ethereum
Fidelity has successfully launched its Tokenized Money Market Fund on the Ethereum blockchain, entering the expanding tokenized U.S. Treasuries market, which is currently valued at $7 billion. This move includes the introduction of the FDIT, a tokenized share class of its Treasury fund, with an initial investment of $202 million.
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