Fidelity Investments is launching zero-fee retirement plans that will provide investors exposure to three major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and …
Fidelity
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Adoption
Fidelity says Bitcoin could potentially overtake gold, echoing Saylor’s absorption theory
by shayaanby shayaanFidelity Investments director of global macro Jurrien Timmer believes that Bitcoin (BTC) has a “possible” path to surpassing gold in market value …
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Markets
$5,000,000,000,000 Asset Manager Fidelity To Launch a USD-Pegged Stablecoin: Report
by shayaanby shayaanThe asset management titan Fidelity Investments reportedly plans to roll out its own dollar-backed stablecoin. Citing two people familiar with the matter, …
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DeFi
Tokenized Treasuries Hit $5B Milestone as Fidelity Touts RWA Potential for Collateral
by shayaanby shayaanThe market value of tokenized U.S. Treasuries this week surpassed the $5 billion for the first time, rwa.xyz data shows, as demand …
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Cboe has submitted a filing to the U.S. Securities and Exchange Commission that would allow the exchange to list shares of a …
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Analysis
Here’s When the Stock Market Could Bottom Out, According to Fidelity Global Macro Analyst Jurrien Timmer
by shayaanby shayaanFidelity’s director of global macro, Jurrien Timmer, is updating his outlook on markets following an across-the-board correction in equities. In a post …
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Regulation
Fidelity Files for ‘OnChain’ Treasury Market Fund That Stores Transaction Records on Ethereum
by shayaanby shayaanThe asset management giant Fidelity hopes to launch a blockchain-tracked share class for one of its existing funds. The Fidelity Treasury Digital …
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Finance
Fidelity Joins the Tokenized US Treasury Bills Race, Taking on BlackRock’s BUIDL Fund
by shayaanby shayaanFidelity is launching a new tokenized fund focused on U.S. Treasury bills, setting itself up as a direct competitor to BlackRock’s BUIDL …
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Markets
Fidelity Files for OnChain U.S. Treasury Fund, Joining the Asset Tokenization Race
by shayaanby shayaanU.S.-based asset manager Fidelity Investments has filed paperwork to register a blockchain-based, tokenized version of its U.S. dollar money market fund, aiming …
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Finance
iShares, Fidelity, WiseOrigin, Grayscale & ARK21Shares Face $41.20M Decline
by shayaanby shayaanDuring the last 30 days, the crypto ETF market experienced substantial outflow that reached $41.20 million in total. Data shows that leading …