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Fidelity Investments to Launch Own Stablecoin, Entering Tokenized US Treasuries Market

Fidelity Investments is reportedly planning to launch its own stablecoin, marking its entry into tokenized U.S. Treasuries. Changing Environment Under Trump Administration Fidelity Investments, the Boston-based $5 trillion asset management…

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Fidelity Seeks SEC Approval for Ethereum-Integrated US Treasury Money Market Fund Hosted 

Fidelity Investments has filed with the U.S. Securities and Exchange Commission (SEC) to launch the Fidelity Treasury Digital Fund, an institutional-focused money market fund that will use blockchain technology to…

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Fidelity Warns: Not Allocating Bitcoin Could Be Riskier for Nations Than Embracing It

Fidelity’s latest report predicted that nation-states, central banks, sovereign wealth funds, and government treasuries may strategically position themselves in the cryptocurrency market by 2025. The prediction follows the approval and…

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BlackRock’s IBIT Bitcoin ETF Sees Historic $872M Inflows, Surpassing Previous Highs

BlackRock’s iShares Bitcoin Trust (IBIT) attracted a record-breaking $872 million in inflows on October 30th. The latest figure marks the highest single-day inflow since the fund launched in January. This…

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Crypto Goes Mainstream: Blackrock Boosts North America’s $1.3T Inflows

Cryptocurrency is increasingly integrated into the mainstream as North America continues to lead the global crypto market, receiving $1.3 trillion in onchain value between July 2023 and June 2024, according…

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