Moody's assigns the highest AAA rating to Fidelity and BlackRock's tokenized money market funds

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Deep Tide TechFlow News, May 14, According to CoinDesk, Moody’s has awarded the highest rating of AAA-mf to Fidelity and BlackRock’s tokenized money market funds, marking that the products of these two institutions meet the highest standards in credit quality, liquidity, and capital preservation. Fidelity’s FILQ fund was launched on May 6, built on Sygnum’s Desygnate tokenization platform, supporting on-chain real-time cash settlement, and introducing infrastructure support from JPMorgan, Apex Group, and Chainlink; BlackRock’s BUIDL fund was launched in March 2024 and currently accounts for about 15% of the tokenized government bond market.

JPM0.07%
LINK4.15%
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