On-chain capital market platform Theo has invested $20 million in Fidelity International’s tokenized dollar liquidity fund FILQ, becoming the fund’s first crypto-native investor. The investment was made through Swiss digital asset bank Sygnum and incorporated into Theo’s tokenized Treasury product thBILL. According to RWAxyz data, FILQ currently has approximately $55.1 million in on-chain assets under management, with this investment accounting for about one-third of the fund’s size. As of March this year, Fidelity International managed approximately $1.06 trillion in assets. (Cointelegraph)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned