Fidelity Digital Asset Management is working on on-chain treasuries and credit, as well as stablecoins

Odaily News Cynthia Lo Bessette, head of Fidelity Digital Asset Management, does not believe there is enough demand for alternative cryptocurrency ETFs. Bessette added that an Ethereum-collateralized ETF may be a matter of when, not if. The company’s digital asset management division is also looking into tokenization, including stablecoins in addition to on-chain treasuries and credit.