Fidelity explores broader access to tokenized money market fund

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Fidelity explores broader access to tokenized money market fund

The Ethereum-based fund remains limited to professional and institutional investors, Cointelegraph reported.

Fidelity is considering wider access to its Ethereum-based tokenized money market fund, Cointelegraph reported in an October 2 post.

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The fund is currently available only to professional and institutional investors, according to the report.

At CV Summit, Fidelity also discussed possible upgrades, including daily or intraday yield. Cointelegraph described both the wider access and yield changes as being explored, rather than confirmed launches.

Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.
Fidelity explores broader access to tokenized money market fund
Fidelity explores broader access to tokenized money market fund

The Ethereum-based fund remains limited to professional and institutional investors, Cointelegraph reported.

fidelity logo

Fidelity is considering wider access to its Ethereum-based tokenized money market fund, Cointelegraph reported in an October 2 post.

Advertisement

The fund is currently available only to professional and institutional investors, according to the report.

At CV Summit, Fidelity also discussed possible upgrades, including daily or intraday yield. Cointelegraph described both the wider access and yield changes as being explored, rather than confirmed launches.

Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.