<ul><li>Fidelity Investments has registered its blockchain-based version of the U.S. dollar money market fund known as the Fidelity Treasury Digital Fund to enter the growing tokenized assets market.</li><li>The fund, operating on the Ethereum network with the possibility of adding more blockchains in the future, aims to enhance transfers and settlements.</li><li>Fidelity joins BlackRock and Franklin Templeton in offering tokenized U.S. Treasuries, with the tokenized market growing 500% over the past year.</li><li>The adoption of blockchain technology in the financial industry continues to increase, contributing to improved operational efficiencies and cost reductions.</li></ul>

Fidelity Unveils Blockchain-based Treasury Fund to Enter the $4.77B Sector

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