Fidelity is weighing broader access to its Ethereum-based tokenized money market fund, along with possible daily or intraday yield features. The products are currently open only to professional and institutional investors.
Fidelity is considering opening its Ethereum-based tokenized money market fund to a wider pool of investors. The firm may also add daily or intraday yield features to the product.
According to Cointelegraph, which reported the deliberations in early October 2026, the potential changes include broader eligibility and more frequent yield. For now, the tokenized funds remain limited to professional and institutional investors, and Fidelity is exploring ways to move beyond that group.
Two products already live
The exploration builds on two products Fidelity has already launched. Fidelity Investments brought out the Fidelity Digital Interest Token (FDIT) in September 2025, an on-chain share class of a Treasury-focused fund that had about $202 million minted early on, anchored mainly by Ondo Finance's OUSG.
Separately, Fidelity International launched the Fidelity USD Digital Liquidity Fund (FILQ) on Ethereum on May 6, 2026, issuing it as an ERC-20 token through Sygnum's Desygnate platform. FILQ carries a Moody's Aaa-mf rating and uses Chainlink oracles to feed off-chain pricing data onto the blockchain, modeled on a $7 billion traditional low-volatility NAV fund. The fund requires a minimum investment of $100,000, supports 24/7 stablecoin settlement while its net asset value is still calculated daily, and offers both accumulating and distributing token classes.
A fast-growing tokenized cash market
The tokenized liquidity segment has expanded sharply since 2024, with total tokenized US Treasuries and liquidity products surpassing $15 billion and Ethereum hosting most of that activity. BlackRock runs its own tokenized fund, BUIDL, and JPMorgan has made similar moves into on-chain settlement and liquidity.
Fidelity's two-track structure stands out: Fidelity Investments handles FDIT while Fidelity International runs FILQ through Sygnum, letting the broader Fidelity brand test different distribution channels and investor bases at once.
What comes next
Widening eligibility beyond professional investors could bring in new participants, though Fidelity has not said who would qualify or under what terms. The FDIT-OUSG relationship also offers a precedent for DeFi protocols, since tokenized funds are becoming plumbing other platforms build on rather than just end products for investors.
Source: Crypto Briefing
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