CandleFocus BREAKING: After BlackRock, Giant Investment Company Fidelity Takes the Expected Cryptocurrency Step
2024-10-10
Author: Content Editor
Fidelity Investments, one of the largest asset management firms, has revealed plans to introduce a money market fund that could run on a blockchain. The company aims to compete with BlackRock, the largest money manager globally, which has already launched a similar fund on the blockchain. Fidelity believes that using blockchain technology could enhance the speed and efficiency of financial transactions, thereby attracting a broader range of investors.
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