CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinOtag 2024-06-10 17:16:24

Fidelity Partners with JPMorgan to Tokenize Money Market Fund on Ethereum Blockchain

Fidelity, managing $11.5 trillion in assets, has partnered with JPMorgan for tokenization. The collaboration involves tokenizing a money market fund on JPMorgan’s Onyx Digital Assets blockchain. According to Fidelity, this initiative aims to enhance efficiency in collateral management and reduce operational risks. Discover how Fidelity is leveraging blockchain to redefine asset management and boost efficiency

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.