Fidelity: Tokenized Funds' Long-Term Use Is Balance Sheet Management for Large Institutions

Odaily Planet Daily reports that asset management giant Fidelity stated the most attractive long-term use case for tokenized funds is balance sheet management for large global institutions, rather than just providing 24/7 liquidity. Tokenized money market funds and other on-chain tools can help pension funds, insurance companies, and enterprises use cash across dispersed accounts and jurisdictions more efficiently. Tokenization will take decades to mature into a comprehensive balance sheet management ecosystem. (CoinDesk).