Fidelity Takes on BlackRock’s BUIDL with New Tokenized Fund

Fidelity Investments has introduced a blockchain-powered tokenized fund backed by U.S. Treasury bonds.

✅ This fund offers investors digital access to government debt with enhanced transparency and liquidity.

Many see this as Fidelity’s strategic move to compete with BlackRock’s BUIDL fund in the growing tokenized asset space.

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