Fidelity Files for Onchain U.S. Treasury Fund, Joining the Asset Tokenization Race
Article
Publish date
Mar 24, 2025 - 12:00am
Publisher
CoinDesk
Web URL
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
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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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