Fidelity International Launches Tokenized Liquidity Fund with Moody's Rating

Fidelity International has made significant strides in the field of blockchain-based financial products with the launch of its new tokenized liquidity fund. The Fidelity USD Digital Liquidity Fund (FILQ) is a unique product that combines the stability of traditional money market funds with the benefits of digital tokens.

The FILQ was assessed by Moody's Ratings, earning a AAA-mf designation, which signifies strong credit quality and liquidity. This rating is a significant milestone in the industry, as it demonstrates the viability of tokenized liquidity products for investors seeking high-quality returns in a regulated environment.

Chainlink will provide on-chain net asset value (NAV) and distribution data for the fund, allowing international investors to track fund value and payouts in near real time. This integration is part of Chainlink's growing presence in the tokenized real-world asset sector, which aims to connect blockchain applications with external real-world data that cannot be accessed natively on-chain.

The launch of FILQ comes as large asset managers continue to move traditional cash and treasury products onto blockchain networks. Firms such as BlackRock and Franklin Templeton have already debuted tokenized money market funds aimed at bringing short-term yield products on-chain, highlighting the growing demand for these innovative financial solutions.