🔼Fidelity files for a tokenized fund registration
Fidelity Investments, one of the world’s largest asset managers with over $4.9 trillion in assets under management, is introducing the Fidelity Treasury Digital Fund, a pioneering investment vehicle designed to provide a high level of current income while ensuring capital preservation and liquidity. This fund stands out by leveraging blockchain technology to issue, trade, and redeem shares, significantly enhancing transaction transparency, security, and efficiency.
🌐 The Fidelity Treasury Digital Fund will invest primarily in short-term U.S. Treasury securities, such as Treasury bills, notes, and repurchase agreements, offering investors a stable and low-risk option in digital asset management. Unlike traditional funds, this tokenized structure allows for near-instant settlements, reduced operational costs, and improved accessibility for institutional and accredited investors.
❗️Pending approval from the U.S. Securities and Exchange Commission (SEC), the fund is expected to officially launch on May 30, 2025.
As a global leader in financial services, Fidelity has been at the forefront of blockchain innovation, actively exploring digital assets through its subsidiary Fidelity Digital Assets. With the growing demand for digitized financial instruments, this fund presents an attractive opportunity for investors seeking to diversify their portfolios using cutting-edge blockchain solutions while maintaining exposure to high-quality, government-backed assets.
