Fidelity has made its position on Ethereum very clear. For them Ethereum is the foundation of the next financial era. According to a tweet posted by BMNRBullz, Fidelity made an announcement stating not only that they are investing in Ethereum but also that they are building on it. The firm is launching a tokenized money market fund straight on the Ethereum network, exploring its own stablecoin and publishing a complete research and video series about ETH. Fidelity is even valuing ETH both as money and store of value, the same way people used to talk about Bitcoin.
To be clear this is not hype, instead this is about access. Fidelity manages trillions invested by everyday investors, people who have 401(k)'s and not crypto wallets like us. By coming to Ethereum Fidelity is teaching a whole new generation about how digital assets work, without forcing them to use an exchange or dApp.
When these big legacy players start to build on Ethereum it is a sign of something bigger: crypto is going mainstream thanks to real-world use, not speculation. The next wave of investors will not 'get into crypto,' they will just start using it without even knowing they already have.
This is how the next generation of Ethereum investors is onboarded.
byu/MasterpieceLoud4931 inethtrader
Posted by MasterpieceLoud4931