EthereumFDIT is the on-chain share class of the Fidelity Treasury Digital Fund: each token mirrors one FYOXX share of the fund holding short-dated US Treasury bills and money-market assets. Unlike wrapped exposure built by third parties, this is Fidelity itself issuing fund shares as a permissioned ERC-20 on Ethereum, with transfers restricted to eligible holders and NAV held at one dollar with yield distributed in shares. Prism verified the contract and its 31.0 million token supply directly on Ethereum.
Fidelity's own Treasury fund share class, issued natively on Ethereum.
Prism analyst note
BlackRock has BUIDL; this is Fidelity's answer, and structurally the purer one: not a feeder or wrapper but the fund's own share class living on Ethereum, with the token as the register. A $5.8 trillion asset manager issuing natively on a public chain is the strongest possible signal about where fund infrastructure is going. Gated to eligible holders, so Prism lists it as verified data; its significance is the precedent.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
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Prism read this token's contract directly on its chain and confirmed the figures the issuer publishes.
- What was checked
- Prism read this token's contract on Ethereum and confirmed the symbol, decimals, and supply the issuer publishes.
- Last verified
- Sep 21, 2026
- Token contract
- 0x48AB…717F
- Custody
- Fund assets in traditional custody; the token is the share register
Documents & disclosures
Frequently asked
How is this different from BUIDL?+
BUIDL is a fund built for on-chain distribution through Securitize. FDIT is a registered Fidelity money market fund whose OnChain share class is issued directly by Fidelity, with the token acting as the share register. Both are gated; the difference is who issues and how native the structure is.