Fidelity applies for registration of the "On Chain" stock category for its tokenized US dollar money market fund FYHXX

Odaily Planet Daily News: According to a document submitted to the US Securities and Exchange Commission (SEC) on Friday, Fidelity has applied to register its tokenized US dollar money market fund, the Fidelity Treasury Digital Fund (FYHXX), in the "On Chain" stock category. The fund was launched at the end of last year and holds cash and US Treasury securities. According to relevant document information, the FYHXX fund's "On Chain" category currently uses the Ethereum network and may expand to other blockchains in the future. This registration requires approval from regulatory authorities and is expected to take effect on May 30th. （CoinDesk）