Jurrien Timmer, director of global macro at Fidelity Investments, characterizes the current market environment as “another wild ride,” where each week seems to deliver headlines stranger than the last. Yet despite the volatility, his overarching message is that conditions are not nearly as dire as they might appear, and he remains relatively constructive on the […]
Fidelity Investments is in advanced stages of developing its own stablecoin, the Financial Times reported on Wednesday. The Boston-based financial services giant plans for the token to serve as a form of digital cash, according to the report, which cites two people close to the matter. The token would form part of company’s strategy to […]
U.S.-based asset manager Fidelity Investments has filed paperwork to register a blockchain-based, tokenized version of its U.S. dollar money market fund, aiming to join the tokenized asset race. According to a Friday filing to the U.S. Securities and Exchange Commission (SEC), the company seeks to register an “OnChain” share class of its Fidelity Treasury Digital […]