Fidelity Treasury Digital Fund, OnChain class (FYOXX), FDIT token
Subscribers see which of their clients hold this program and whether each household qualifies under these terms, and Ketju emails them when the file changes. $299 per firm per month, first 30 days free.
The verdict is on the memo: Fidelity Treasury Digital Fund, OnChain class (FYOXX), FDIT token Not approved
Eligibility
Each answer quotes the issuer’s own words from the document named under it. Ketju reads each document again and records whether the words are still there. Where the documents say nothing, the row states that.
- What the holder owns
A share of a registered money market fund; the token is a secondary record of it on Ethereum.
“The OnChain class of the fund currently uses the Ethereum network as the public blockchain for secondary recording of ownership.”
SEC EDGAR: Fidelity Hereford Street Trust 485BPOS, OnChain class prospectus and SAI dated 29 June 2026 · Prospectus, Fund Basics, “Use of Blockchain” · words found 2026-09-23
- Who may hold it
Institutional investors who complete an application with the fund.
“Shares are offered to certain institutional investors who complete an application with the fund.”
SEC EDGAR: Fidelity Hereford Street Trust 485BPOS, OnChain class prospectus and SAI dated 29 June 2026 · Fund Summary, “Purchase and Sale of Shares” · words found 2026-09-23
- Who may hold it
U.S. residents and investors in approved jurisdictions abroad.
“Shares of the fund are offered for sale to residents of the United States and to certain investors in approved jurisdictions outside of the United States and in conformity with local legal requirements.”
SEC EDGAR: Fidelity Hereford Street Trust 485BPOS, OnChain class prospectus and SAI dated 29 June 2026 · Shareholder Information, “Buying Shares”, Eligibility · words found 2026-09-23
- First purchase minimum
$1,000,000 first investment.
“OnChain class shares have a minimum initial investment of $1,000,000.”
SEC EDGAR: Fidelity Hereford Street Trust 485BPOS, OnChain class prospectus and SAI dated 29 June 2026 · Shareholder Information, “Buying Shares” · words found 2026-09-23
- Account types
Shares sit only in a wallet the transfer agent creates and holds for the investor.
“a potential investor must have a “blockchain wallet,” which the transfer agent would create and hold on an investor’s behalf when opening an account.”
SEC EDGAR: Fidelity Hereford Street Trust 485BPOS, OnChain class prospectus and SAI dated 29 June 2026 · Prospectus, Fund Basics, “Use of Blockchain” · words found 2026-09-23
- Who it may be transferred to
No holder-to-holder transfer or secondary trading today; only transfer-agent wallets may buy, redeem, and hold.
“Only wallets that are approved by the transfer agent are authorized to purchase, redeem and hold OnChain class shares of the fund. Investors may not hold their shares in any other wallet.”
SEC EDGAR: Fidelity Hereford Street Trust 485BPOS, OnChain class prospectus and SAI dated 29 June 2026 · Prospectus, Fund Basics, “Use of Blockchain” · words found 2026-09-23
- Who it may be transferred to
The fund has no agreement for secondary trading.
“The fund has no current agreement to make OnChain class shares available for trading in a secondary market but may enter into such an agreement in the future. These features are not currently, and may never be, available to investors.”
SEC EDGAR: Fidelity Hereford Street Trust 485BPOS, OnChain class prospectus and SAI dated 29 June 2026 · Prospectus, Fund Basics, “Use of Blockchain” · words found 2026-09-23
- How a holder redeems
Wire redemptions received before the 4:00 p.m. Eastern NAV are normally paid the same business day.
“Normally, Fidelity will process wire redemptions on the same business day, provided your redemption wire request is received in proper form by Fidelity before the NAV is calculated on that day.”
SEC EDGAR: Fidelity Hereford Street Trust 485BPOS, OnChain class prospectus and SAI dated 29 June 2026 · Shareholder Information, “Selling Shares” · words found 2026-09-23
- Who keeps the official record
The transfer agent’s book-entry records govern ownership in all circumstances.
“The transfer agent’s book-entry records will constitute the official record of the fund and govern the record ownership of fund shares in all circumstances.”
SEC EDGAR: Fidelity Hereford Street Trust 485BPOS, OnChain class prospectus and SAI dated 29 June 2026 · Prospectus, Fund Basics, “Use of Blockchain” · words found 2026-09-23
- What the issuer says it can freeze or take back
The transfer agent can correct errors or unauthorized transactions by writing a new instruction on chain, and the fund may involuntarily redeem an account for suspected fraud.
“The fund’s transfer agent maintains controls to correct errors or unauthorized transactions.”
SEC EDGAR: Fidelity Hereford Street Trust 485BPOS, OnChain class prospectus and SAI dated 29 June 2026 · Prospectus, Fund Basics, “Use of Blockchain” · words found 2026-09-23
| Fact | Answer |
|---|---|
| Who onboards the holder | issuer |
| Voting rights | Yes |
| Distributions | new tokens |
| SIPC coverage of the wallet | No |
The transfer agent’s SEC record
A transfer agent registers with the SEC on Form TA-1 and reports each year on Form TA-2: how many securityholder accounts it keeps and for how many issues it keeps the master securityholder file, the list that says who owns each share.
| Agent | SEC file | TA-2 period | Accounts | Issues with master file | Work it hires out |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL OPERATIONS CO LLC | 084-01839 | 2025-12-31 | 19,059,444 | 1,736 | National Financial Services LLC\TA; Fidelity Business Services India Private Limited |
Who controls it
Ketju read these powers from the deployed contracts and their verified source code: the token and every contract it checks on a transfer. A power listed here is something the issuer can do; it does not mean the issuer has used it.
| Chain | Freeze a holder | Pause | Claw back | Gate holders | Change the code | Keys held by |
|---|---|---|---|---|---|---|
| Ethereum | Yes | Yes | Yes | Yes | Yes | compliance module 0xf732…c218 |
Ethereum: 3 contract reads, 5 functions in verified source, 2026-09-23
- getPackagesUsedByCurrentComponent()=16 packages
- paused()=false
- getCompliance()=0xf732b22b716f0b8c828df584e28932053ff8c218
- canCallFunction in verified source 0x1115…418a
- batchFreeze in verified source 0x6140…d440
- pause in verified source 0x1115…418a
- batchClawback in verified source 0x0b20…a354
- mint in verified source 0x9871…8645
Where it trades
| Venue | Kind |
|---|---|
| Fidelity Institutional (fund application) | issuer primary |
Redemption
| Route | Cutoff | Settlement | Settles in |
|---|---|---|---|
| Redeem with the fund at NAV by the daily cutoff | 16:00 America/New_York | Wire redemptions received in proper form before the 4:00 p.m. Eastern NAV are normally paid the same business day in federal funds. The fund processes orders only during business hours on business days, and it may pay in securities. | USD |
- Fidelity changes who may hold, the $1,000,000 minimum, the 4:00 p.m. NAV, or same-day payment, or opens holder-to-holder transfer or a secondary market
- The token’s package list changes, a package is replaced, or the compliance module changes
- Fidelity or the SEC filings publish a contract address, or the class moves to another chain
- Ondo I LP’s share of the class changes materially, or class assets keep falling
Daily checks
Every day Ketju reads each control function in the table above and the contracts the token checks on a transfer. Ketju compares the token’s on-chain supply with yesterday’s, and its market quote with its one-dollar value. Ketju also reads every document quoted above and reviews the file again if a quoted passage disappears from its document. Ketju reads EDGAR for the transfer agent’s registration and reviews the file again when a new filing appears. Ketju counts a new, removed, or changed key as a change only when the chain’s own log shows the grant, revocation, or signer change since yesterday. If the log does not show it, Ketju updates the key list in this file and does nothing more. A change opens a review before any client action. Subscribers get an email that names each of their clients who hold the token, with the household result.
File history
Ketju has not revised this file since filing it. If Ketju revises it, the earlier version stays as published, with the reason.
| Date | Change |
|---|---|
| 2026-09-23 | Filed. |
Sources
- SEC EDGAR: Fidelity Hereford Street Trust 485BPOS, OnChain class prospectus and SAI dated 29 June 2026 · primary · accessed 2026-09-23
Supports: registered government money market fund, no crypto assets, FIIOC transfer agent, book-entry record governs, Ethereum secondary record, institutional investors, U.S. and approved jurisdictions, $1,000,000 minimum, transfer-agent wallets only, no secondary market, same-day wire, 4:00 p.m. NAV, corrections, involuntary redemption, dividends reinvested monthly, Ondo I LP 97.81%, class net assets - SEC EDGAR: Fidelity response to SEC staff comments on the OnChain class (CORRESP, 27 June 2025) · primary · accessed 2026-09-23
Supports: transfer agent holds private keys - Fidelity Institutional: Treasury Digital Fund OnChain class fact sheet · primary · accessed 2026-09-23
Supports: CUSIP 31617H813, class inception 4 August 2025, net assets $31.07 million - Etherscan: Fidelity Digital Interest Token (deployer label, holders, supply) · secondary · accessed 2026-09-23
Supports: deployer labelled Fidelity Digital Interest, two holders, supply - Sourcify: verified token dispatcher (DTCC ERC20RevocableComplianceToken) · primary · accessed 2026-09-23
Supports: per-selector dispatch, updates repository