Fri, July 11

Fidelity Enters Stablecoin Race Amid Growing Tokenization Trend

One of the largest asset managers in the world, Fidelity Investments is reportedly in the final stages of testing its own stablecoin, according to the Financial Times reports. This move reflects a growing trend among traditional financial institutions exploring tokenized assets and stablecoins as they expand into digital finance. The

March 26, 2025 2 mins read

Fidelity Enters Tokenized Treasuries With Ethereum-Based Fund on May 30

Fidelity Investments is joining the tokenized asset space by submitting with the SEC to offer a blockchain-based money market fund on Ethereum. The fund, called the Fidelity Treasury Digital Fund (FYHXX). Which will consist of U.S. Treasury securities and cash and utilize blockchain technology for its transfer agent. Subject to

March 23, 2025 2 mins read

Archax Launches Tokenized Money Market Funds with Major Financial Giants

Archax, a UK-regulated cryptocurrency exchange and custodian, is venturing into the tokenization of real-world assets (RWAs). Today, the platform announced plans to offer tokenized money market funds from three global financial giants—State Street, Fidelity International, and Legal & General Investment Management (LGIM). This marks a significant step in Archax’s mission

November 20, 2024 1 min read

Citi and Fidelity Set New Standards in Digital Asset Management

Fidelity International and Citi have unveiled a proof-of-concept (PoC) for an on-chain money market fund (MMF) featuring a digital foreign exchange (FX) swap solution. This was announced ahead of the Singapore FinTech Festival 2024 happening from November 6–8.  The solution jointly developed demonstrates the real-time settlement of tokenized MMF transactions

November 4, 2024 1 min read

Fidelity Names Coinbase as SSA Counterpart in Updated Spot Bitcoin ETF Filing

Fidelity, the global asset manager, has officially filed for its Spot Bitcoin ETF recently. The U.S. Securities and Exchange Commission stated that the filings made for the Bitcoin exchange-traded funds (ETF) by Blackrock and Fidelity were not sufficiently clear and comprehensive. After the SEC’s comments, Fidelity updated the application. The

July 1, 2023 2 mins read

Fidelity Spearheads Crypto Shift with BTC-ETF Application

In a significant development, Fidelity has formally requested approval for a spot Bitcoin ETF. Consequently, optimism is rebounding within the beleaguered crypto industry. As per a Coingraph tweet, the proposal, sent to the U.S. Securities and Exchange Commission (SEC), seeks to list and trade shares of the Wise Origin Bitcoin

June 30, 2023 2 mins read

Fidelity Sets Sights on Bitcoin ETF Amid DamusApp’s Apple Store Woes

In a significant move, Fidelity, the American multinational financial services corporation, is reportedly making strides towards submitting a spot Bitcoin Exchange Traded Fund (ETF) filing. This step demonstrates a potentially transformative moment in the global crypto market’s evolution. Additionally, financial analysts argue that launching a spot Bitcoin ETF could revolutionize

June 28, 2023 2 mins read

Fidelity Investments Reportedly Filing for Spot Bitcoin ETF Soon

In what may be a watershed moment for the Bitcoin exchange-traded fund (ETF) industry, prominent firms are rushing to submit applications to the U.S. SEC in June 2023. On June 15, 2023, Blackrock, the biggest asset manager in the world, applied for the same, and it was quickly followed by

June 27, 2023 2 mins read

Fidelity-backed Exchange ‘OSL’ Reduces Headcount Amid Sluggish Market

After many months of volatility in the cryptocurrency market, the Hong Kong-based digital asset exchange OSL has decided to slash its operating expenses by around a third. This involves reducing the size of the personnel; however, the company did not disclose how much percentage of its workers were let go.

January 18, 2023 2 mins read

Fidelity Investments Finally Launches Retail Crypto Trading

Fidelity Investments has reportedly launched crypto trading accounts for consumers, after the introduction of a waiting list earlier this month. Even if the FTX fall has coincided with widespread uncertainty, the Fidelity development may be an indication of stability. An email sent out to users today began with the phrase

November 29, 2022 2 mins read
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