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 on-chain participation in the fund.
- • The fund's holdings — cash and short-dated U.S. Treasuries — comply with reserve-asset criteria established under the GENIUS Act, aligning with the regulatory standard now shaping institutional collateral design in digital finance markets.
- • DigiFT has settled more than $435 million in total subscriptions across 42 token issuances to date, spanning cash management, income strategies, equity exposure, alternative assets, and crypto allocation, with regulatory backing from Singapore's Capital Markets Services and Recognised Market Operator licences.
- • The tokenized Treasury money market fund extends DigiFT's cash-management offering and represents institutional adoption of blockchain infrastructure for regulated, programmable access to reserve-quality assets.
Summary
DigiFT launched on-chain tokenized access to a Fidelity Investments–managed U.S. Treasury money market fund on October 6, 2026, marking a significant institutional adoption milestone for digital asset infrastructure in Singapore. The offering provides institutional and accredited investors direct blockchain-based access to fund interests, combining regulated financial products with emerging tokenization infrastructure.
The fund's composition—cash and short-dated U.S. Treasuries—meets reserve-asset criteria established by the United States under the GENIUS Act. Since the Act took effect, these standards have increasingly influenced how institutional markets evaluate and structure high-quality, short-duration collateral. By aligning the tokenized fund with these requirements, DigiFT and Fidelity positioned the offering as a reserve-grade asset suitable for emerging digital finance ecosystems and stablecoin backing frameworks.
DigiFT's regulatory standing underpins the launch. The exchange holds Capital Markets Services and Recognised Market Operator licences from Singapore's Monetary Authority, credentials that have supported 42 prior token issuances totaling over $435 million in settled subscriptions. These prior offerings span cash management, income strategies, equity exposure, alternative assets, and crypto allocation, demonstrating institutional confidence in DigiFT's infrastructure. Cynthia Lo Bessette, Head of Digital Asset Management at Fidelity Investments, characterized the collaboration as an advancement in how institutional investors access and integrate on-chain investment products, citing tokenization's potential to expand liquidity and collateral utility through programmable infrastructure. The Treasury money market fund listing extends DigiFT's cash-management category specifically and is available to institutional and accredited investors meeting DigiFT's eligibility requirements.
The fund's composition—cash and short-dated U.S. Treasuries—meets reserve-asset criteria established by the United States under the GENIUS Act. Since the Act took effect, these standards have increasingly influenced how institutional markets evaluate and structure high-quality, short-duration collateral. By aligning the tokenized fund with these requirements, DigiFT and Fidelity positioned the offering as a reserve-grade asset suitable for emerging digital finance ecosystems and stablecoin backing frameworks.
DigiFT's regulatory standing underpins the launch. The exchange holds Capital Markets Services and Recognised Market Operator licences from Singapore's Monetary Authority, credentials that have supported 42 prior token issuances totaling over $435 million in settled subscriptions. These prior offerings span cash management, income strategies, equity exposure, alternative assets, and crypto allocation, demonstrating institutional confidence in DigiFT's infrastructure. Cynthia Lo Bessette, Head of Digital Asset Management at Fidelity Investments, characterized the collaboration as an advancement in how institutional investors access and integrate on-chain investment products, citing tokenization's potential to expand liquidity and collateral utility through programmable infrastructure. The Treasury money market fund listing extends DigiFT's cash-management category specifically and is available to institutional and accredited investors meeting DigiFT's eligibility requirements.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.