Fidelity International's Tokenized Fund Achieves Moody's AAA-mf Rating

Fidelity International's inaugural tokenized fund has been awarded a Moody's AAA-mf rating. According to NS3.AI, the fund replicates an Irish-domiciled LVNAV fund with assets under management nearing $7 billion. Launched on May 6, the fund utilizes Sygnum's tokenization infrastructure, with Chainlink providing daily net asset value data sourced from JPMorgan. Investors have the flexibility to subscribe to and redeem the fund around the clock using stablecoins, with FILQ tokens operating on the ERC-20 standard on the Ethereum blockchain.