On-chain capital market platform Theo invests $20 million in Fidelity's tokenized USD liquidity fund FILQ

CoinFeed June 30 news, according to Cointelegraph report, on-chain capital market platform Theo invested $20 million in Fidelity International's tokenized USD liquidity fund FILQ through Swiss digital asset bank Sygnum, becoming the first crypto-native platform to invest in the fund. FILQ is a USD liquidity fund issued on the Sygnum Desygnate platform, with a Moody's Aaa-mf rating, investing in diversified short-term money market instruments, with on-chain net asset value and dividend data provided by Chainlink, and net asset value audited by J.P. Morgan (daily). RWA.xyz data shows that FILQ's current on-chain assets under management are approximately $55.1 million, with Theo's investment accounting for nearly one-third.