Fidelity's on-chain tokenized fund FDIT surpasses $200 million in scale
Show original
According to ChainCatcher, the on-chain tokenized fund product launched by asset management giant Fidelity, Fidelity Digital Interest Token (FDIT), has now surpassed $200 million in scale, currently reaching $203,685,560.
It is reported that this product is deployed on the Ethereum blockchain and represents tokenized shares of the Fidelity Treasury Digital Fund (FYOXX). It is backed by U.S. Treasury bonds and allows for 1:1 redemption of fund shares. Its potential competitor is BlackRock's BUIDL.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$87,352.16
+1.60%
Ethereum
ETH
$2,838.27
+0.58%
Tether USDt
USDT
$1.0000
+0.02%
XRP
XRP
$2.04
+1.13%
BNB
BNB
$843.68
+2.73%
USDC
USDC
$0.9997
+0.00%
Solana
SOL
$130.57
+2.72%
TRON
TRX
$0.2780
+0.23%
Dogecoin
DOGE
$0.1377
+1.48%
Cardano
ADA
$0.3976
+4.89%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now