💥Latest! Fidelity Europe Entity Fidelity Exchange Traded Products GmbH (part of Fidelity International, under the same system as the US Fidelity, managing assets over 15 trillion USD) recently released a compliance-level Base Prospectus — "Bond Issuance Plan Secured by Crypto Assets".
In this document, @Polkadot Network ($DOT) is explicitly listed as a crypto asset that can be used for the issuance of related financial products, alongside mainstream assets like BTC and ETH.
It is important to emphasize:
• This does not mean that DOT products have already launched
• Nor is it an investment recommendation or market speculation
• Rather, it is Fidelity formally including DOT under the category of "productizable and structureable" compliant assets within the European regulatory framework
As of now, Fidelity Europe has only launched physical Bitcoin ETP.
This step is more like opening up possibilities at the institutional level in advance. In the future, DOT could become the underlying asset of a single asset ETP launched by Fidelity, or it may be included in a multi-crypto asset basket/index products!
In the current regulatory environment, this step is often more important than short-term trends!
Note: Fidelity is a top global asset management and financial services group established in 1946, managing assets over 15 trillion USD, and is one of the most influential and compliance-authoritative institutions within the traditional financial system.
