Fidelity International, a global asset manager with about $1 trillion in client assets, has launched a tokenized liquidity fund assessed by Moody’s Ratings.
The new Fidelity USD Digital Liquidity Fund (FILQ) is issued on blockchain infrastructure linked to Chainlink and was launched through Sygnum Bank’s tokenization platform.
According to Sygnum, the fund received a AAA-mf assessment from Moody’s Ratings, a designation used for money market funds that signals strong credit quality and liquidity.
“This marks an important milestone in the evolution of capital markets, demonstrating how tokenized liquidity products can bring high-quality, yield-bearing liquidity on-chain in a regulated and scalable way,” said Fatmire Bekiri, Sygnum’s head of tokenization.
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Source cointelegraph.com
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