Tokenization · The Block
Fidelity International’s first tokenized fund receives top-tier AAA-mf rating from Moody’s
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
◎ Multiple-sources
Fidelity International has launched its first tokenized fund, creating an onchain version of its existing multi-billion-dollar institutional liquidity fund to make it available for non-stop digital markets.
Key facts
- Fidelity International, a unit of the Fidelity family, manages over $1 trillion in client assets globally
- Sygnum will also oversee Know Your Customer (KYC) and Anti-Money Laundering (AML) checks for the fund
- This yield-bearing, digitally native USD liquidity fund was launched on May 6, but not widely publicized until today
- Moody's Ratings has assigned this tokenized fund a top-tier AAA-mf rating, according to an announcement on Wednesday
Summary
Moody's Ratings has assigned this tokenized fund a top-tier AAA-mf rating, according to an announcement on Wednesday. This yield-bearing, digitally native USD liquidity fund was launched on May 6, but not widely publicized until today. In particular, FILQ was built using Sygnum's Desygnate platform, which provides an onchain fund registry and powers smart-contract-enabled settlements. Sygnum will also oversee Know Your Customer (KYC) and Anti-Money Laundering (AML) checks for the fund.