Add ¼ cup of the coconut to a small sauté pan set over low-medium heat.
1¼ cups unsweetened shredded or flaked coconut
Toast the coconut, stirring occasionally, until the coconut is golden brown. Remove from heat.
Spray a 9x9-inch baking pan with nonstick spray. Then, line the pan with parchment paper.
In a large saucepan over medium heat, melt the butter and coconut oil.
4 tablespoons unsalted butter, 4 tablespoons coconut oil
Pour in the evaporated milk and sugar, and stir constantly as the mixture starts to bubble.
12 ounces evaporated milk, 1¾ cups granulated sugar
Continue stirring while the mixture bubbles until the temperature reaches 230°F.
Remove from heat and stir in the white chocolate chips and marshmallow cream until smooth. Then, stir in the remaining coconut.
1½ cups white chocolate chips, 7 ounces marshmallow creme
Pour the mixture into the pan and spread into an even layer.
Sprinkle the toasted coconut over the top
Refrigerate or freeze until the fudge is firm.
Cut into small squares.