Ethereum

Token

Franklin

Million

Leading asset manager, Fidelity, quietly launched Fidelity Digital Interest Token (FDIT) on Ethereum last month. This blockchain-based version of its treasury fund has already attracted more than $200 million in assets without any public announcements.
The FDIT token stands for one share of Fidelity’s Treasury Digital Fund (FYOXX), giving users direct access to the firm’s portfolio that is made up entirely of U.S. Treasury securities and cash. According to <a href="https://app.rwa.xyz/assets/FDIT?ref=blockhead.co" target="_blank" rel="noopener noreferrer nofollow">data</a> on rwa.xyz, the fund was started in August, with Bank of New York Mellon as its custodian.
Fidelity charges a 0.20% annual management fee for the tokenized fund, which puts it in a good position against other similar products in the growing tokenized Treasury market. The launch comes after the company filed with the U.S. Securities and Exchange Commission (SEC) to get permission to add an on-chain share class to its treasury fund.&nbsp;
The move by Fidelity also aligns with expert predictions that tokenized securities could be <a href="https://www.cryptotimes.io/2025/09/01/raoul-pal-predicts-4b-crypto-users-by-2030-amid-adoption-surge/" target="_blank" rel="noopener noreferrer nofollow">worth more than $2 trillion</a> by 2030. Even though the fund has grown, it only has two recorded holders right now. One controls about $1 million in tokens, and the other manages the rest.
<h2 class="wp-block-heading" id="rapidly-growing-tokenized-treasuries">Rapidly Growing Tokenized Treasuries&nbsp;</h2>
The tokenized treasury market is now worth about $7 billion, with BlackRock’s BUIDL fund having more than $2 billion in assets. Franklin Templeton and WisdomTree are two other big asset managers that have released similar blockchain-based treasury products.&nbsp;
These funds allow users to get treasury exposure without having to go through traditional fund intermediaries. This method appeals to investors in digital assets who want regulated, yield-bearing options to stablecoins or other cryptocurrencies.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 Also Read: <a href="https://www.cryptotimes.io/2025/09/05/public-companies-now-hold-over-1-million-bitcoin-in-reserves/" target="_blank" rel="noopener noreferrer nofollow">Public Companies Now Hold Over 1 Million Bitcoin in Reserves</a>
</blockquote>

Fidelity’s Ethereum-Based Treasury Fund Attracts $200M in Assets

Table of Contents

The Crypto Times

Other articles published on Sep 8, 2025

Join our free newsletter for daily crypto updates!