Fidelity launches FILQ: Tokenized fund with real-time NAV
6.6 Investments Fidelity International debuts FILQ, a tokenized fund with Sygnum and Chainlink, offering 24/7 digital access to government-backed securities and real-time NAV, rated AAA-mf by Moody’s.
Fidelity International has introduced its first tokenized fund, the Fidelity USD Digital Liquidity Fund (FILQ), in collaboration with Sygnum Bank and Chainlink. FILQ provides investors with 24/7 access to low-risk, government-backed securities in a digital format, featuring instant settlement and real-time Net Asset Value (NAV) updates via Chainlink’s decentralized oracle network. The fund is issued through Sygnum’s Desygnate tokenization platform and operates on a permissioned Ethereum network, ensuring only approved wallets can transact. FILQ has earned a AAA-mf rating from Moody’s, the highest grade for money market funds, reflecting strong credit quality and liquidity. This launch represents a significant advancement in integrating traditional finance with blockchain technology, enhancing transparency and efficiency in capital markets. It highlights the increasing adoption of blockchain by established financial institutions for regulated and scalable liquidity solutions.
