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Fidelity's on-chain tokenized fund, FDIT, exceeds $200 million in assets, highlighting increasing institutional interest in tokenized real-world assets. Executive Summary Fidelity Digital Interest Token (FDIT), Fidelity's on-chain tokenized fund, has surpassed $200 million in assets. This milestone suggests growing institutional adoption of tokenized real-world assets (RWAs) and increased interest in blockchain-based financial products. The Event in Detail FDIT has reached $203,685,560 in assets. The fund is deployed on the Ethereum blockchain and represents a tokenized share of the Fidelity Treasury Digital Fund (FYOXX). FYOXX is backed by U.S. Treasury bonds and offers a 1:1 redemption ratio for fund shares. Fidelity is actively expanding its digital asset offerings, including hiring a digital asset strategist specializing in tokenization. Market Implications FDIT's growth indicates a broader trend of institutional interest in tokenizing real-world assets. This trend may lead to increased adoption of blockchain technology and the creation of new financial products. Cynthia Lo Bessette, head of Fidelity Digital Asset Management, stated that Fidelity is focused on > thoughtfully contributing to core industry infrastructure that will support a more efficient integration of traditional and on-chain systems. Expert Commentary Fidelity's move into tokenization aligns with the broader industry trend of bringing traditional financial assets onto the blockchain. The GENIUS Act, aimed at creating a regulatory framework for stablecoins, may further accelerate the adoption of tokenized assets. Broader Context FDIT is considered a competitor to BlackRock's BUIDL. Other players, including Ondo Finance, Superstate, and Spiko, are also active in the tokenized fund market. By September 2025, tokenized funds had grown into a $10B market, led by giants like BlackRock and Franklin Templeton alongside crypto-native challengers like Ondo, Spiko, and Midas.
Fidelity Digital Interest Token (FDIT) current price is $1.00, down 0% today.
Fidelity Digital Interest Token (FDIT) daily trading volume is $0
Fidelity Digital Interest Token (FDIT) current market cap is $203.6M
Fidelity Digital Interest Token (FDIT) current circulating supply is 203.6M
Fidelity Digital Interest Token (FDIT) fully diluted market cap (FDV) is $203.6M