Fidelity International's first tokenized fund, FILQ, received the highest AAA-mf rating from Moody's.

CoinFeed reported on May 14th that Fidelity International launched its first tokenized fund, FILQ, an on-chain version of its existing multi-billion dollar institutional liquidity fund, offering 24/7 trading. Moody's awarded the fund the highest AAA-mf rating. The rating agency noted that FILQ follows the same investment strategy as the Aaa-mf-rated Irish Low Volatility Net Asset Value Fund, which manages nearly $7 billion. Launched on May 6th, the fund's tokenization infrastructure is provided by Sygnum, and daily net asset value data from JPMorgan Chase is provided by Chainlink. FILQ is issued on Ethereum using the ERC-20 standard, and investors can subscribe and redeem 24/7 via stablecoins.