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About ALY

ALLY (ALY) is a cryptocurrency launched in 2019. ALY has a current supply of 10.00Bn with 2.30Bn in circulation. The last known price of ALY is 0.000109871136 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://getally.io/.

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ALY Price Statistics
ALY’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#2604
ALY Market Cap
Market Cap
$252,703.61
Fully Diluted Market Cap
$1.10M
ALY Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
ALY Supply
Circulating Supply
2.30Bn
Total Supply
10.00Bn
Max Supply
0
Updated Mar 24, 2025 8:03 am
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ALY
ALLY
$0.000109871136
$0(-0.00%)
Mkt Cap $252,703.61
There's nothing here for now
Fidelity Investments Moves to Tokenize Money Market Fund on Ethereum
Fidelity Investments Moves to Tokenize Money Market Fund on Ethereum
According to Cointelegraph, Fidelity Investments has taken a significant step in the blockchain tokenization space by filing to register a tokenized version of its US dollar money market fund on the Ethereum network. This move aligns Fidelity with other major asset managers like BlackRock and Franklin Templeton, who have also ventured into blockchain tokenization. The filing, submitted on March 21 to the US Securities and Exchange Commission, outlines plans for a new share class named 'OnChain.' This initiative is designed to enhance transparency and provide verifiable tracking of share transactions for the Fidelity Treasury Digital Fund (FYHXX), an $80 million fund primarily composed of US Treasury bills. While the OnChain share class awaits regulatory approval, Fidelity anticipates its implementation by May 30. Despite the innovative approach, Fidelity will continue to maintain traditional book-entry records as the official ownership ledger. The secondary recording of the OnChain class on the blockchain will not serve as the official record of ownership. Instead, the transfer agent will reconcile these blockchain transactions with the official records on a daily basis. Fidelity has clarified that the US Treasury bills themselves will not be directly tokenized. The asset manager, which oversees $5.8 trillion, has indicated potential plans to expand OnChain to other blockchains in the future. The trend of asset managers turning to blockchain for tokenizing Treasury bills, bonds, and private credit has been growing over recent years. The market for real-world asset (RWA) tokenization of Treasury products is currently valued at $4.78 billion, with BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) leading at $1.46 billion, as reported by rwa.xyz. Ethereum remains the dominant network for tokenized RWAs, with over $3.3 billion worth of assets, followed by Stellar at $465.6 million. Robbie Mitchnick, BlackRock’s head of crypto, emphasized Ethereum's role as the 'natural default answer' for traditional finance firms seeking to tokenize RWAs onchain. He highlighted the value clients place on decentralization, credibility, and security, which are key advantages of Ethereum. Mitchnick shared these insights at the Digital Asset Summit in New York on March 20, underscoring Ethereum's continued prominence in the blockchain space.
Mar 24, 2025 8:03 am

Frequently Asked Questions

  • What is the all-time high price of ALLY (ALY)?

    The all-time high of ALY was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of ALLY (ALY) is 0. The current price of ALY is down 0% from its all-time high.

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  • How much ALLY (ALY) is there in circulation?

    As of , there is currently 2.30Bn ALY in circulation. ALY has a maximum supply of 0.

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  • What is the market cap of ALLY (ALY)?

    The current market cap of ALY is 252,703.61. It is calculated by multiplying the current supply of ALY by its real-time market price of 0.000109871136.

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  • What is the all-time low price of ALLY (ALY)?

    The all-time low of ALY was 0 , from which the coin is now up 0%. The all-time low price of ALLY (ALY) is 0. The current price of ALY is up 0% from its all-time low.

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  • Is ALLY (ALY) a good investment?

    ALLY (ALY) has a market capitalization of $252,703.61 and is ranked #2604 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze ALLY (ALY) price trends and patterns to find the best time to purchase ALY.

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