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
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Fidelity files for Ethereum-based US Treasury fund ‘OnChain’
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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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The Fidelity Treasury Digital Fund (FYHXX) with $80 million in assets, primarily invests in cash and U.S. Treasury securities, aiming to generate income while preserving capital and maintaining liquidity in line with money market fund regulations
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