Fidelity Treasury Exposure Moves Deeper Onchain Through DigiFT Platform

TL;DR 

• DigiFT launched tokenized access to a U.S. Treasury money market fund managed by Fidelity Investments for eligible institutional and accredited investors through its Singapore-regulated platform. 

• The fund holds cash and short-dated Treasuries that meet U.S. stablecoin reserve-asset criteria, linking regulated Treasury exposure with programmable onchain infrastructure. 

• DigiFT says the listing expands its cash-management offering while supporting liquidity, collateral and other institutional use cases for tokenized financial assets across digital markets. 

DigiFT has launched tokenized access to interests in a U.S. Treasury money market fund managed by Fidelity Investments, giving institutional and accredited investors a route into onchain cash-management products. The official announcement says the fund holds cash and short-dated U.S. Treasuries, while tokenized assets expand across institutional finance. The launch moves Fidelity-managed Treasury exposure deeper into blockchain-based distribution without changing the underlying fund into a crypto-native product. 

DigiFT Extends Regulated Treasury Access Onchain 

DigiFT operates as a Monetary Authority of Singapore-licensed digital asset exchange and makes the fund available only to eligible institutional and accredited investors. Its platform already spans issuance, distribution, secondary trading and custody, with 42 token issuances and more than $435 million in total subscriptions settled to date. The structure places regulated access and investor eligibility at the center of the product rather than treating tokenization as an unrestricted retail wrapper, extending a market already testing institutional routes into Fidelity tokenized products. 

The fund’s holdings also meet the reserve-asset criteria established for U.S. payment stablecoin issuers under the GENIUS Act, according to DigiFT. That alignment matters because cash and short-dated Treasuries have become a reference point for high-quality, short-duration collateral in markets. DigiFT is positioning the listing as infrastructure for liquidity, collateral utility and programmable investment use cases rather than simply another tokenized fund listing, echoing Fidelity’s broader view that tokenization can improve institutional balance-sheet management. 

Fidelity’s Cynthia Lo Bessette said tokenization can expand access to investment products while enabling new forms of liquidity, collateral utility and investment innovation through programmable infrastructure. DigiFT CEO Henry Zhang similarly framed the launch as part of a push to bring institutional-grade assets onchain through infrastructure investors and asset managers can trust. Both sides are emphasizing distribution and utility, not a replacement of traditional asset management, which keeps the product anchored to regulated fund exposure while extending how that exposure can be accessed and used. 

The launch also broadens DigiFT’s cash-management category as the platform shifts toward building more onchain use cases around assets already listed. That strategy reflects a wider industry move from simply issuing tokenized products toward making them usable across settlement, collateral and portfolio workflows. The next test is whether regulated distribution can translate Treasury exposure into durable onchain activity rather than static holdings, a challenge that also shapes the expanding tokenized Treasury market.