Fidelity Files for Onchain U.S. Treasury Fund, Joining the Asset Tokenization Race

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Fidelity Files for Onchain U.S. Treasury Fund, Joining the Asset Tokenization Race

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12:00am, Monday, March 24, 2025

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https://www.coindesk.com/business/2025/03/22/fidelity-files-for-onchain-u-s-treasury-fund-joining-the-asset-tokenization-race

Referenced by

Fidelity joins U.S. Treasury Tokenization Race with it’s money market fund

Crypto news

Fidelity is also one of the largest issuers of spot bitcoin and ether exchange-traded funds (ETF) in the U.S., with its $16.5 billion FBTC and $780 million FETH, per SoSoValue data.

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Fidelity, managing $5.8 trillion in assets, is the latest financial heavyweight entering the fast-growing tokenized U.S. Treasuries space, which has grown almost 500% over the past year.

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