Fidelity has filed with the SEC to launch an Ethereum based share class called "OnChain" to track its Fidelity Treasury Digital Fund (FYHXX), aiming for a May 30 2025 release

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12:00am, Friday, March 21, 2025

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Fidelity is looking to launch a tokenized version of its Fidelity Treasury Digital Fund on Ethereum on May 30 for greater transparency and tracking.

Fidelity’s March 21 filing with the US securities regulator said “OnChain” would help track transactions of the Fidelity Treasury Digital Fund (FYHXX) — an $80 million fund consisting almost entirely of US Treasury bills

Fidelity Investments is launching an Ethereum-based blockchain share class called 'OnChain' for its Treasury money market fund, according to a recent regulatory filing with the U.S. Securities and Exchange Commission (SEC).

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