Blockchain Pioneer Fidelity Launches US Treasury Fund, Revolutionizing Digital Finance

Fidelity Files for On-Chain US Treasury Fund, Joining the Asset Tokenization Race

March 22, 2025 - Fidelity Investments, one of the largest financial services companies in the United States, has filed a registration statement with the US Securities and Exchange Commission (SEC) for a new on-chain US Treasury fund. The move marks Fidelity's entry into the rapidly growing asset tokenization market.

According to the filing, the Fidelity Treasury Fund will allow investors to gain exposure to a diversified portfolio of US Treasury securities, including government bonds and notes, in a tokenized format. The fund will be managed by Fidelity's asset management arm and will aim to provide investors with a low-cost, liquid and transparent way to access the US Treasury market.

Fidelity's entry into the asset tokenization space comes as the market continues to gain traction, with a growing number of institutional investors, family offices and high-net-worth individuals seeking to gain exposure to alternative asset classes, including cryptocurrencies and tokenized assets.

The filing notes that the fund will be designed to operate on a decentralized blockchain network, allowing for real-time settlement and custody of the underlying assets. This will enable investors to hold and transfer the tokens representing their ownership in the fund in a secure and transparent manner.

"We believe that tokenization has the potential to revolutionize the way investors access and interact with traditional assets," said a Fidelity spokesperson. "Our new Treasury Fund will provide investors with a unique opportunity to gain exposure to the US Treasury market in a way that is both efficient and accessible."

The Fidelity Treasury Fund is expected to launch in the coming months, pending SEC approval. The move is seen as a significant development in the asset tokenization space, which has seen a growing number of major financial institutions, including Goldman Sachs and JPMorgan Chase, entering the market in recent months.