April 19, 2025

US Big Four Bank Citi and Fidelity International Unveil Proof of Concept of an On-Chain Money Market Fund

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American investment bank Citi and asset manager Fidelity have teamed up to develop a blockchain-based investment fund that can power real-time settlements. In a statement, Citi and Fidelity International introduce the proof-of-concept of an on-chain money market fund (MMF) with digital foreign exchange (FX) swap that can execute programmable multi-asset transactions on-chain, which is not The post US Big Four Bank Citi and Fidelity International Unveil Proof of Concept of an On-Chain Money Market Fund appeared first on The Daily Hodl .

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