Fidelity digital asset management unit is studying on-chain treasury and credit and stablecoins
2024-08-14 20:58:09
Cynthia Lo Bessette, head of Fidelity's digital asset management division, does not believe there is enough demand for alternative cryptocurrency ETFs. Bessette added that an Ethereum staking ETF could be a matter of time, not whether it will happen. The company's digital asset management division is also looking at tokenization to include stablecoins in addition to on-chain government bonds and credit.
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