Fidelity Investments, one of the world’s leading asset management firms, has officially launched its own digital token called the Fidelity Digital Interest Token (FDIT). Built on the Ethereum blockchain, this digital asset has a total backing of approximately $203.6 million, signifying Fidelity’s deeper venture into decentralized finance (DeFi) and blockchain-based investment platforms.

The FDIT token is designed to represent interest-bearing digital assets and is aimed at attracting institutional and accredited investors looking for innovative financial instruments. By leveraging the security and transparency of Ethereum, Fidelity aims to offer a stable and compliant token that integrates seamlessly with existing digital asset infrastructure.

The launch of FDIT also reflects a broader trend in the financial sector, where traditional institutions are increasingly embracing blockchain to improve asset liquidity, automation, and global access. Fidelity’s entry into this space highlights the growing legitimacy of tokenized financial products in mainstream finance.

As of now, FDIT is already registered and listed on selected digital asset platforms, and Fidelity plans to expand its ecosystem through strategic partnerships, further integration with DeFi protocols, and enhanced compliance measures to ensure investor protection and regulatory alignment.