# Why Tokenize? Fidelity on Onchain Assets and the Next Phase of Adoption

Page: https://stenobird.com/podcast/a16z-crypto-show-5434524/why-tokenize-fidelity-on-onchain-assets-and-the-next-phase-of-adoption
Text version: https://stenobird.com/podcast/a16z-crypto-show-5434524/why-tokenize-fidelity-on-onchain-assets-and-the-next-phase-of-adoption.md
Podcast: [a16z crypto show](https://stenobird.com/podcast/a16z-crypto-show-5434524)
Published: 2026-03-04T23:03:21+00:00
Episode link: https://web3-with-a16z.simplecast.com/episodes/why-tokenize-fidelity-on-onchain-assets-and-the-next-phase-of-adoption-Mf6CO0rI
Audio file: https://mgln.ai/e/1344/afp-848985-injected.calisto.simplecastaudio.com/bf52be5a-9faf-45fb-9bc3-bb4270ec53d9/episodes/790e7cf7-8f7a-40ac-8dae-a4f0f84ba4b9/audio/128/default.mp3?aid=rss_feed&awCollectionId=bf52be5a-9faf-45fb-9bc3-bb4270ec53d9&awEpisodeId=790e7cf7-8f7a-40ac-8dae-a4f0f84ba4b9&feed=XPOpH7r4
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JSON: https://stenobird.com/v1/public/podcasts/a16z-crypto-show-5434524/episodes/why-tokenize-fidelity-on-onchain-assets-and-the-next-phase-of-adoption
Duration seconds: 964

## Resource

Cynthia Lo Bessette, Head of Digital Asset Management at Fidelity Investments, explains what it really means to bring assets onchain, and why tokenization matters to investors beyond the hype. She walks through Fidelity’s framework for digital asset adoption (Hold, Use, Build), how tokenized money market funds can combine payments and yield, and why real-world assets are accelerating onchain.

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## Transcript

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