FDIT
ProductsActive· US

FDIT

Fidelity tokenized this themselves, no Securitize middleman. Ondo using it as OUSG backing means Fidelity is now infrastructure for DeFi-native products.

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Brief

Fidelity Treasury Digital Fund (FYOXX). ~$162M AUM. Tokenized money market fund on Ethereum investing 99.5%+ in US Treasuries and cash. $1M minimum. Ondo holds ~$202M FDIT as OUSG reserve backing.

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Snapshot

Key terms and identifiers.

Asset value
$182M
Fee
0.20% (0.25% gross, 5bps waiver through Aug 2027)
Custodian
BNY Mellon
Min investment
Institutional (not disclosed)
Structure
SEC-registered mutual fund (FYOXX)
Chains
Ethereum
NAV frequency
Daily
Investor type
Institutional
Spec type
fund
As of
2026-05
Asset classes
Treasuries
Token standards
erc-20
Regulatory
sec-reg-d
Jurisdiction
US
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Connections

Who they build with, build on, integrate with.

Flow

Capital, products, and distribution moving outward.

Dependency

Where this player builds on, integrates, or relies on others.