Fidelity applies to sign up for a blockchain-based tokenization dollar money market fund.

Fidelity has submitted an application to the US SEC to register a blockchain-based tokenized US Dollar money market fund. The fund currently utilizes the Ethereum network and may expand to other blockchains in the future. Registration is subject to regulatory approval, and the product is expected to go live on May 30. Fidelity currently manages assets totaling $5.8 trillion. (CoinDesk)

ETH0.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin