Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

$2 Trillion Titan: Bitcoin Breaks Records With Historic Weekly Close

May 19, 2025

Russia arrests Blum co-founder Vladimir Smerkis on fraud charges

May 19, 2025

Crypto’s Historic Moment: Senate Expected to Pass GENIUS Act This Week

May 19, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    $2 Trillion Titan: Bitcoin Breaks Records With Historic Weekly Close

    May 19, 2025

    Russia arrests Blum co-founder Vladimir Smerkis on fraud charges

    May 19, 2025

    Crypto’s Historic Moment: Senate Expected to Pass GENIUS Act This Week

    May 19, 2025

    Bitcoin impulse move toward new highs sets a fire under HYPE, ETH, XMR and AAVE

    May 19, 2025

    $22,000,000,000,000 Market Cap in Store for Bitcoin (BTC) and Crypto, According to Billionaire Mike Novogratz

    May 18, 2025

    Mastermind Behind SEC SIM Swapping Scheme Sentenced to 14 Months in Prison for Manipulating Bitcoin Price

    May 18, 2025

    BTC price to $116K next? Bitcoin trader sees ‘early week’ all-time high

    May 18, 2025

    ‘Bitcoin Standard’ author backs funding dev to make spamming Bitcoin costly

    May 18, 2025

    Bitcoin impulse move toward new highs sets a fire under HYPE, ETH, XMR and AAVE

    May 19, 2025

    ‘History Rhymes’ – Analyst Sees Ethereum Sparking 2020-Style Rallies, Outlines Path to New All-Time High for Solana

    May 19, 2025

    There can never be too many L2s

    May 18, 2025

    Ethereum back to $3K in May? Latest rebound says ETH price ‘still has more gas’

    May 18, 2025

    Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst

    May 16, 2025

    XRP price path to $3.40 remains intact — Here is why

    May 16, 2025

    Judge’s settlement rejection has no effect on legal victory

    May 16, 2025

    The emergence of Sonic and what it means for DeFi: Report

    May 16, 2025

    $2 Trillion Titan: Bitcoin Breaks Records With Historic Weekly Close

    May 19, 2025

    Russia arrests Blum co-founder Vladimir Smerkis on fraud charges

    May 19, 2025

    Crypto’s Historic Moment: Senate Expected to Pass GENIUS Act This Week

    May 19, 2025

    Bitcoin impulse move toward new highs sets a fire under HYPE, ETH, XMR and AAVE

    May 19, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    Top Crypto Coins Made in USA That Will SURGE By Summer 2025

    May 18, 2025

    Cryptocurrency Explained: 101 Beginner's Guide For 2025!!

    May 18, 2025

    3 Crypto Coins Getting Ready to EXPLODE! “This Will Shock People”

    May 17, 2025

    Bessent Revealed ALL: Trump's Crypto Plans & Trade Deals!

    May 17, 2025

    SOLANA WILL PUMP ON THIS DATE ($5 BILLION FTX PAYOUT)

    May 17, 2025
ApeWatcher News
Home » Fidelity Files for ‘OnChain’ Treasury Market Fund That Stores Transaction Records on Ethereum
Fidelity Files for ‘OnChain’ Treasury Market Fund That Stores Transaction Records on Ethereum
Ethereum

Fidelity Files for ‘OnChain’ Treasury Market Fund That Stores Transaction Records on Ethereum

The Daily HodlBy The Daily HodlMarch 25, 20250 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

The asset management giant Fidelity hopes to launch a blockchain-tracked share class for one of its existing funds.

The Fidelity Treasury Digital Fund is 99.99% invested in U.S. Treasury bills.

A new filing with the U.S. Securities and Exchange Commission (SEC) indicates the firm hopes to launch a new “OnChain” share class for the fund in May. The new product is designed to increase ownership transparency for its Treasury Digital Fund by recording transactions on a public blockchain.

Reads the filing,

“The fund’s transfer agent maintains the official record of share ownership of the OnChain class in book-entry form. Ownership of the OnChain class will also be recorded on a public blockchain. Although the secondary recording of the OnChain class on a blockchain will not represent the official record of ownership, the transfer agent will reconcile the secondary blockchain transactions with the official records of the OnChain class on at least a daily basis. The transfer agent’s book-entry records will constitute the official record of the fund and govern the record ownership of fund shares in all circumstances.”

The OnChain share class plans to use the Ethereum (ETH) network as the public blockchain. The filing notes the fund might use other blockchain networks in the future.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Generated Image: Midjourney

Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin impulse move toward new highs sets a fire under HYPE, ETH, XMR and AAVE

May 19, 2025

‘History Rhymes’ – Analyst Sees Ethereum Sparking 2020-Style Rallies, Outlines Path to New All-Time High for Solana

May 19, 2025

There can never be too many L2s

May 18, 2025

Ethereum back to $3K in May? Latest rebound says ETH price ‘still has more gas’

May 18, 2025

Bitcoin breaks out while Coinbase breaks down: Finance Redefined

May 16, 2025

51% attack on Ethereum more difficult than on Bitcoin — Justin Drake

May 16, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

$2 Trillion Titan: Bitcoin Breaks Records With Historic Weekly Close

May 19, 2025

Russia arrests Blum co-founder Vladimir Smerkis on fraud charges

May 19, 2025

Crypto’s Historic Moment: Senate Expected to Pass GENIUS Act This Week

May 19, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.