Fidelity Brings US Treasury Fund On-Chain via Ethereum

Fidelity, a major player in the financial market, has filed a request with the SEC to launch a U.S. Treasury fund on Ethereum, an innovative project marking a significant step in bringing traditional finance to blockchain.

The fund will tokenize U.S. Treasury assets, making them more accessible and operationally efficient. This represents an important evolution in the adoption of blockchain by financial institutions, a sector that has long been reserved for traditional systems.

Additionally, this fund could contribute to accelerating the integration of crypto markets with traditional ones, having a significant impact on how financial products are designed and traded. If the project is approved, it could open new opportunities for the tokenization of financial assets, a trend that is expected to grow in the future.