DigiFT launches tokenized access to Fidelity U.S. Treasury fund

DigiFT, a digital asset exchange licensed by the Monetary Authority of Singapore, has launched tokenized access to a U.S. Treasury money market fund managed by Fidelity Investments. This listing allows institutional and accredited investors to access fund interests on-chain.

The fund’s holdings, consisting of cash and short-dated U.S. Treasuries, align with the reserve-asset criteria established by the United States for payment stablecoin issuers under the GENIUS Act. This move follows a trend where tokenized Treasury and money market instruments have become the largest category of tokenized real-world assets on public blockchains.

DigiFT currently holds Capital Markets Services and Recognised Market Operator licenses in Singapore. To date, the platform has supported 42 token issuances across various categories, including cash management and equity exposure, with over $435 million in total subscriptions settled.