@Theo_network has executed a $20 million investment into $FILQ, Fidelity International's USD Digital Liquidity Fund, through the @Sygnumofficial institutional gateway. The move makes Theo the
@Theo_network has executed a $20 million investment into $FILQ, Fidelity International's USD Digital Liquidity Fund, through the @Sygnumofficial institutional gateway. The move makes Theo the first crypto-native platform to allocate capital to Fidelity International's tokenized fund.
Executed through Sygnum, a Swiss digital asset bank that provides regulated banking, custody, and tokenization services for institutional clients, the allocation adds FILQ to Theo's institutional tokenized Treasury product, thBILL.
FILQ is a Moody's Aaa-mf-rated tokenized US dollar liquidity fund built on Sygnum's Desygnate platform that invests in diversified short-term money market instruments designed to preserve capital and liquidity. That rating places it among the most creditworthy classifications available for money market-style products, signaling confidence in the fund's liquidity quality and credit profile, and suggesting these products are starting to meet the standards traditional investors expect before allocating serious capital.
@Chainlink provides on-chain net asset value and distribution data for the fund through its Runtime Environment, while @jpmorgan receives and approves the daily NAV data.Rather than relying on delayed reporting cycles common in traditional finance, Chainlink's oracle network pushes fund NAV and distribution data directly on-chain in near real time, allowing investors to interact with the product continuously rather than waiting for standard market-hour settlement windows.
Fidelity, Sygnum, and Chainlink had already worked together in 2024 to bring NAV data for a $6.9 billion Institutional Liquidity Fund on-chain, and FILQ now turns that earlier collaboration into a fully live tokenized fund.
The launch arrives as treasury-focused tokenized money market funds near $15 billion in assets under management, attracting participation from the world's largest asset managers, digital asset exchanges, stablecoin issuers, and DeFi protocols.Fidelity's move comes as institutional demand for blockchain-based financial products continues to grow, with BlackRock, Franklin Templeton, and JPMorgan expanding their tokenized treasury and money market offerings.
Sources:Theo becomes first crypto-native investor in Fidelity tokenized fund – CoinTelegraph via TradingViewFidelity International launches first tokenized USD liquidity fund powered by Chainlink – FXStreetFILQ – Sygnum Bank
