Key Takeaways
- • DigiFT, a Monetary Authority of Singapore–licensed digital asset exchange, launched tokenized access to a U.S. Treasury money market fund managed by Fidelity Investments, enabling institutional and accredited investors to hold on-chain interests in the fund.
- • The fund's holdings of cash and short-dated U.S. Treasuries meet the reserve-asset criteria established under the GENIUS Act for U.S. payment stablecoin issuers, positioning it as a reserve-grade instrument in the tokenized real-world assets market.
- • Tokenized Treasury and money market instruments represent the largest category of tokenized real-world assets on public blockchains, reflecting sustained institutional demand for regulated, high-quality, short-duration instruments accessible on-chain.
- • DigiFT operates under Capital Markets Services and Recognised Market Operator licences from Singapore's regulatory authority, providing regulated infrastructure for on-chain real-world asset distribution.
Summary
DigiFT announced the launch of tokenized access to a Fidelity-managed U.S. Treasury money market fund on October 6, 2026, marking another milestone in the institutional adoption of on-chain investment products. The offering targets institutional and accredited investors seeking on-chain exposure to dollar-denominated, short-duration, high-quality assets without sacrificing regulatory oversight or asset quality.
The fund's composition—cash and short-dated U.S. Treasuries—aligns with the reserve standards mandated by the GENIUS Act, the U.S. regulatory framework governing stablecoin reserve requirements. By meeting these stringent criteria, the offering positions itself within the highest tier of tokenized collateral available on public blockchains. This alignment is strategically significant: as the GENIUS Act framework has taken effect, it has increasingly become the de facto standard for institutional evaluation of on-chain reserve assets, influencing how market participants design and assess tokenized instruments.
According to Cynthia Lo Bessette, Head of Digital Asset Management at Fidelity Investments, tokenization creates new pathways for institutional capital deployment. "Tokenization has the potential to expand access to investment products while enabling new forms of liquidity, collateral utility, and investment innovation through its programmable infrastructure," Bessette stated. The collaboration leverages DigiFT's regulated platform and Fidelity's institutional asset management expertise to democratize access to traditionally wholesale-only money market instruments.
Tokenized Treasury and money market products already dominate the tokenized real-world assets market by volume and institutional adoption, signaling sustained demand for regulated, programmable fixed-income exposure. DigiFT's Capital Markets Services and Recognised Market Operator licences from the Monetary Authority of Singapore provide the regulatory backbone required for institutional capital flows into digital assets, positioning the platform as a regulated gateway between traditional finance and on-chain investment infrastructure.
The fund's composition—cash and short-dated U.S. Treasuries—aligns with the reserve standards mandated by the GENIUS Act, the U.S. regulatory framework governing stablecoin reserve requirements. By meeting these stringent criteria, the offering positions itself within the highest tier of tokenized collateral available on public blockchains. This alignment is strategically significant: as the GENIUS Act framework has taken effect, it has increasingly become the de facto standard for institutional evaluation of on-chain reserve assets, influencing how market participants design and assess tokenized instruments.
According to Cynthia Lo Bessette, Head of Digital Asset Management at Fidelity Investments, tokenization creates new pathways for institutional capital deployment. "Tokenization has the potential to expand access to investment products while enabling new forms of liquidity, collateral utility, and investment innovation through its programmable infrastructure," Bessette stated. The collaboration leverages DigiFT's regulated platform and Fidelity's institutional asset management expertise to democratize access to traditionally wholesale-only money market instruments.
Tokenized Treasury and money market products already dominate the tokenized real-world assets market by volume and institutional adoption, signaling sustained demand for regulated, programmable fixed-income exposure. DigiFT's Capital Markets Services and Recognised Market Operator licences from the Monetary Authority of Singapore provide the regulatory backbone required for institutional capital flows into digital assets, positioning the platform as a regulated gateway between traditional finance and on-chain investment infrastructure.
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