Fidelity and Partners Bring $6.9B Fund to Blockchain
In A Nutshell Fidelity International and Sygnum Bank have embarked on a pioneering initiative with Chainlink to digitize and make the Net Asset Value (NAV) of Fidelity’s Institutional Liquidity Fund, worth $6.9 billion, available on blockchain in real-time. This marks a significant stride towards integrating traditional financial metrics with blockchain technology, offering improved transparency and…