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

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... source: https://dailyhodl.com/2024/11/07/us-big-four-bank-citi-and-fidelity-international-unveil-proof-of-concept-of-an-on-chain-money-market-fund/