Home Fidelity International Launches Tokenized Fund With Moody’s AAA Rating

Fidelity International Launches Tokenized Fund With Moody’s AAA Rating

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Fidelity International Launches Tokenized Fund With Moody's AAA Rating
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Fidelity International has launched its first blockchain-based liquidity fund, marking its entry into the expanding tokenization market. The new Fidelity USD Digital Liquidity Fund (FILQ) received a top AAA-mf rating from Moody’s, making it one of the highest-rated money-market-style investment products.

The fund is an on-chain version of Fidelity International’s institutional liquidity strategy. It combines the stability and liquidity of traditional money market funds with the flexibility of blockchain settlement.

FILQ invests in highly rated government securities and lets institutional investors move funds at any time using stablecoins.

Sygnum helped develop the fund’s infrastructure, and Chainlink will supply daily NAV data from JPMorgan. FILQ runs on the Ethereum blockchain, uses ERC-20 tokens, and automates settlement via Sygnum’s Desygnate platform.

This launch shows how quickly tokenized finance is growing. Many industry leaders think it could become a multi-trillion-dollar market in the next few years.

Fidelity believes tokenized liquidity products will be important as financial markets shift to real-time, always-available settlement.

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