Fidelity submits application to the SEC for OnChain, a U.S. Treasury bond fund on Ethereum

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According to Cointelegraph, Foresight News reports that Fidelity has submitted an application to the US SEC for an on-chain US Treasury fund called OnChain on Ethereum, expected to launch on May 30. The product will track the trading of Fidelity's $80 million digital Treasury fund (FYHXX).

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