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]

UPDATE:According to @RWA_xyz newswire...• Fund launched as FDIT, representing blockchain-based shares of Fidelity Treasury Digital Fund (FYOXX) with 0.20% management fee.• Partners with BNY Mellon for custody, but currently limited to only two token holders despite significant AUM.• Could enable new use cases including crypto payroll solutions and fintech innovation through fractional ownership.Full article on this below.https://t.co/M2GNA2vDrM ...