Fidelity weighs wider access to tokenized money market fund on Ethereum
- —Fund runs on Ethereum and is limited to professional and institutional investors
- —Daily or intraday yield payouts are under consideration
- —No timeline or retail access terms have been announced
- —Ethereum trades around $2,685
Why it matters: Major asset managers keep building tokenized RWA products on Ethereum, supporting the network's long-term narrative, though the near-term price impact is limited.
Source: Siam Blockchain