Fidelity Digital Asset Management is working on on-chain treasuries and credit, as well as stablecoins
2024-08-14 22:11
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.
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