TechFlow News, May 14: According to The Block, Fidelity International’s first tokenized fund—the Fidelity USD Digital Liquidity Fund (FILQ)—has received the highest possible rating of AAA-mf from Moody’s Ratings. The fund launched on May 6 and operates using the same low-volatility net asset value (NAV) money market investment strategy as its existing counterpart, which manages nearly $7 billion in assets. Sygnum provides the tokenization infrastructure for FILQ, while Chainlink delivers daily official NAV data from JPMorgan, enabling investors to subscribe to and redeem from the fund 24/7 using stablecoins. The fund’s tokens are issued on Ethereum as ERC-20 tokens.
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