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Fidelity launches tokenised money market fund amid growing real world asset market

Fidelity has joined the ranks of BlackRock and UBS in the burgeoning market of tokenised Treasuries, which has surged to nearly $11 billion in value. The financial giant plans to launch an Ethereum-based money market fund, OnChain, primarily investing in US government bonds and cash, while maintaining traditional ownership records alongside blockchain transactions.
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United States Dollar Fidelity Contrafund BlackRock, Inc. Franklin Templeton - Franklin M USA Ian De Bode Larry Fink Show more
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16:55 25.03.2025
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