Fidelity International's first tokenized fund receives Moody's highest AAA-mf rating

Fidelity International has launched its first tokenized fund, the Fidelity USD Digital Liquidity Fund (FILQ), and has received the highest rating of AAA-mf for money market funds from Moody's. FILQ is the on-chain version of its existing institutional-level dollar liquidity fund, referencing Fidelity's nearly $7 billion low-volatility net asset value fund strategy, aimed at serving the 24/7 digital asset market.

The fund is provided with tokenization infrastructure by Sygnum and connects to Chainlink oracles, with daily official net asset value data provided by JPMorgan being put on-chain. Investors can subscribe and redeem at any time using stablecoins.