Fidelity's tokenized money market fund, built on the Ethereum blockchain, has exceeded $250 million in assets under management (AUM). This milestone highlights the growing interest and adoption of tokenized financial products, as traditional financial institutions like Fidelity continue to explore blockchain technology to enhance accessibility and efficiency in asset management. The fund's success underscores the potential of blockchain in transforming traditional financial instruments into more versatile and accessible digital assets.
Fidelity's Tokenized Money Market Fund on Ethereum Surpasses $250M AUM
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
