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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Fidelity Files for Onchain U.S. Treasury Fund, Joining the Asset Tokenization Race
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Tokenized U.S. Treasury market has increased nearly 500% in 2024 reaching $4,8B USD as of May 2025
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Fidelity manages $5,8 trillion in assets and is one of largest spot Bitcoin and Ether ETF's with it's $16.5 billion FBTC and $780 million FETH funds
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