Fidelity Launches FDIT Tokenized Fund
The post Fidelity Launches FDIT Tokenized Fund appeared first on Coinpedia Fintech News
Fidelity has launched FDIT, a tokenized share class of its Treasury fund on Ethereum, bringing U.S. Treasuries on-chain with 24/7 transferability and institutional-grade custody. The fund targets short-duration Treasuries and cash equivalents, offering a compliant, yield-focused RWA product. Ondo Finance is the largest investor, using FDIT as a reserve asset for OUSG to enhance liquidity and settlement. The move positions Fidelity alongside major asset managers embracing tokenized funds and could accelerate institutional adoption of on-chain treasuries.
Metaplanet Finalizes Its International Offering With $1.4B to Buy More Bitcoin
The post Metaplanet Finalizes Its International Offering With $1.4B to Buy More Bitcoin appeared fir...
Bitcoin Price Rejected at $113k Ahead of CPI Data: What is JPMorgan’s Take?
The post Bitcoin Price Rejected at $113k Ahead of CPI Data: What is JPMorgan’s Take? appeared first ...
Experts Decipher If Ripple’s XRP Lawsuit Saved Crypto World Just in Time
The post Experts Decipher If Ripple’s XRP Lawsuit Saved Crypto World Just in Time appeared first on ...