The OnChain share class aims to provide investors transparency and verifiable tracking of share transactions of FYHXX, although Fidelity will maintain traditional book-entry records as the official ownership ledger.
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Fidelity files for Ethereum-based US Treasury fund ‘OnChain’
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Fidelity Treasury Digital Fund (FYHXX) ownership will be recorded in traditional book-entry form and "OnChain" share class will provide a verifiable tracking by Fidelity’s transfer agents reconciling transactions with book entry ledger
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