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Fidelity's Chain Tokenization Fund FDIT Exceeds $200 Million in Size
Summary: According to reports, asset management giant Fidelity has launched the chain tokenization fund product Fidelity Digital Interest Token (FDIT), which currently exceeds $200 million in size, reaching $203,685,560. The product is deployed on the Ethereum blockchain, representing tokenized shares of Fidelity Treasury Digital Fund (FYOXX), backed by US Treasury bonds and allowing for 1:1 redemption ...
According to reports, asset management giant Fidelity has launched the chain tokenization fund product Fidelity Digital Interest Token (FDIT), which currently exceeds $200 million in size, reaching $203,685,560. The product is deployed on the Ethereum blockchain, representing tokenized shares of Fidelity Treasury Digital Fund (FYOXX), backed by US Treasury bonds and allowing for 1:1 redemption of fund shares. Its potential benchmark competitor is BlackRock's BUIDL.
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Link: Fidelity's Chain Tokenization Fund FDIT Exceeds $200 Million in Size [Copy]
