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Andyยท 2025-09-08 02:31
Fund Launch & Structure - Fidelity launched $FDIT, a blockchain-based share representation of Fidelity Treasury Digital Fund (FYOXX) [1] - The fund has a 0.20% management fee [1] - BNY Mellon is the custody partner for the fund [1] - Currently, the fund is limited to only two token holders despite significant Assets Under Management (AUM) [1] Potential Use Cases - The fund could enable new use cases including crypto payroll solutions [1] - The fund could foster fintech innovation through fractional ownership [1]