Stealth Landing: Fidelity Quietly Debuts Ethereum-Based Tokenized Treasury Fund

2025/09/08 05:56

Fidelity Investments has quietly launched an onchain tokenized share class of a U.S. Treasuries money-market fund on Ethereum, introducing the Fidelity Digital Interest Token (FDIT) for institutional clients. Fidelity Takes Treasury Exposure Onchain With FDIT FDIT is structured as an ERC20 token that records ownership, transfers, and settlement onchain, offering 24/7 transferability and operational features […]

Source: https://news.bitcoin.com/stealth-landing-fidelity-quietly-debuts-ethereum-based-tokenized-treasury-fund/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

3 Major Crypto Token Unlocks in September’s Second Week

3 Major Crypto Token Unlocks in September’s Second Week

The post 3 Major Crypto Token Unlocks in September’s Second Week appeared on BitcoinEthereumNews.com. The crypto market will experience significant token unlocks worth $513 million in the second week of September 2025, with Aptos (APT), Sonic (S), and Cheelee (CHEEL) releasing substantial new token supplies.  These unlocks could introduce market volatility and influence short-term price dynamics. 1. Cheelee (CHEEL) Sponsored Sponsored Unlock Date: September 13 Number of Tokens to be Unlocked: 20.81 million CHEEL (2.08% of Total Supply) Total supply: 1 billion CHEEL Cheelee is a GameFi social media platform that enables users to earn crypto rewards simply by watching short-form videos. The project is built around the ‘attention economy, ‘ where users’ time and focus are monetized and transformed into income. The team will unlock 20.81 million CHEEL altcoins on September 13. The supply is worth $55.78 million. CHEEL Token Unlock in September. Source: Tokenomist   Sponsored Sponsored Cheelee will award 10.58 million tokens as rewards. The team will also assign 7.55 million and 2.64 million CHEEL for marketing and liquidity. In addition, the network will keep around 36,720 tokens for the community drop. 2. Aptos (APT) Unlock Date: September 11 Number of Tokens to be Unlocked: 11.31 million APT (0.96% of Total Supply) Current Circulating Supply: 688.5 million APT Total supply: 1.17 billion APT Aptos is a Layer-1 blockchain platform leveraging the Move programming language to deliver scalability, security, and efficiency for decentralized applications (dApps) and Web3 ecosystems.  On September 11, Aptos will unlock 11.31 million APT tokens, valued at approximately $49.42 million. Moreover, the tokens represent 1.64% of its current market capitalization.  APT Token Unlock in September. Source: Tokenomist The team will allocate 3.96 million tokens to core contributors. Furthermore, the community will get 3.21 million APT. Lastly, investors and the foundation will get 2.81 million and 1.33 million tokens, respectively. Sponsored Sponsored 3. Sonic (S) Unlock Date: September 9 Number of…
Share
BitcoinEthereumNews2025/09/09 00:00
Share
Ethereum apps draw in $330B in user deposits in gold rush to DeFi

Ethereum apps draw in $330B in user deposits in gold rush to DeFi

The post Ethereum apps draw in $330B in user deposits in gold rush to DeFi appeared on BitcoinEthereumNews.com. Ethereum is still far from its goal of becoming a ‘one trillion chain’, but it remains the L1 network with the most significant share of the crypto business. Based on recent data, Ethereum apps hold over $330B in user deposits.  Ethereum’s apps signal significant on-chain activity, as they become the L1 with the largest share of user deposits. Based on Token Terminal data, Ethereum carries $330B in user deposits, following a rush to DeFi activity. Token Terminal has included Tether as the leading app in terms of value locked, but also ranked other DeFi and general apps.  Top apps on @ethereum by TVL: https://t.co/rNcGSnEqKy pic.twitter.com/wb9fb1Rwtv — Token Terminal 📊 (@tokenterminal) September 7, 2025 Ethereum still has a $250B lead on TRON, and remains unsurpassed by other L1 or L2. The main reason is that the network is well-connected to multiple centralized and decentralized facilities. This allows all users and traders to be confident in the available liquidity and plan more ambitious DeFi moves.  Ethereum regained its primacy, after a brief period where Solana was the leader for on-chain economic activity, based on app fees. | Source: Token Terminal For Ethereum, economic activity is moving back on-chain, with constant growth in app revenues. Following the 2021 cycle with novelty games and NFTs, this time, highly liquid DeFi apps produce higher revenues. The growth of ETH above $4,000 also feeds into the TVL value. Another ETH rally may boost the liquidity and activity in the ecosystem. On peak days, Ethereum apps have historically produced over $42M in revenues. During the 2024 and 2025 bull cycles, there is a higher baseline for daily fees. Ethereum’s main L1 chain still carries the bulk of activity, with 12.98% of fees coming from L2 chains.  Ethereum recovers both TVL leadership and economic activity Other data accounts…
Share
BitcoinEthereumNews2025/09/08 23:58
Share