Fidelity International launches its first tokenized fund, Fidelity USD Digital Liquidity Fund (FILQ), and receives the highest AAA-mf rating from Moody’s. The fund is built on Fidelity’s existing low-volatility net asset value (LVNAV) money market fund, which manages nearly $7 billion. FILQ uses tokenization infrastructure provided by Sygnum and Chainlink oracle services, supporting 24/7 subscription and redemption via stablecoins, and is deployed on Ethereum in ERC-20 format. The fund mainly invests in high-rated government securities, with Sygnum also responsible for KYC and AML processes. (The Block)

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