Project Progress

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Fidelity International launches its first tokenized money market fund, receiving the highest Moody’s rating AAA-mf

Fidelity International’s Fidelity Dollar Digital Liquidity Fund (FILQ) received Moody’s top AAA-mf rating on May 14, making it Fidelity International’s first tokenized fund. FILQ is modeled on Fidelity’s existing low-volatility net asset value (LVNAV) fund, which has assets of nearly $7 billion and is also rated Aaa-mf, uses the same investment strategy, and enables 24/7 access. FILQ Technical Specifications: Sygnum Desygnate Platform, Chainlink NAV Oracle, Ethereum ERC-20 Based on Sygnum’s offi
MarketWhisper·05-14 01:08
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Korean Won Stablecoin KRWQ Expands to Solana on May 13

According to The Block, on May 13, KRWQ, a Korean won-denominated stablecoin created by IQ Company and Frax, expanded to Solana network to support on-chain won liquidity. The deployment will enable KRWQ to serve as the core settlement asset for won-denominated trading on Solana, supporting use cases including perpetual futures, on-chain forex markets, arbitrage strategies, won-dollar stablecoin cross-margin trading, and institutional and algorithmic trading systems. The team cited Solana's low-l
GateNews·05-13 08:48