
Fidelity International has tokenized a money market fund using JPMorgan's blockchain technology, known as TCN. This move marks a significant step in the adoption of blockchain in traditional finance, leveraging JPMorgan's advanced blockchain infrastructure. The tokenization of the fund aims to enhance transparency and efficiency in fund management. The initiative also highlights the growing role of blockchain in financial services, with Fidelity selecting JPMorgan's platform for this venture.

Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain https://t.co/FZwscCjPoR via @coindesk
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Fidelity International tokenized its money market fund on JPMorgan’s blockchain https://t.co/0XP3n0XNUW