Theo invests $20 million in FILQ, Fidelity International's tokenized dollar liquidity fund

Odaily, On-chain capital market platform Theo has completed a significant RWA allocation, investing $20 million into FILQ, Fidelity International’s tokenized dollar liquidity fund, through Sygnum, a Swiss licensed digital asset bank. Theo is the first crypto-native platform to participate in the fund's investment.

Issued via the Sygnum Desygnate tokenization platform, FILQ has achieved the highest Aaa-mf rating from Moody's for money market funds. The fund invests in a diversified portfolio of short-term, high-rated monetary instruments. On-chain net asset value (NAV) and dividend data are provided in real-time via Chainlink oracles, while daily NAV calculation and auditing are handled by JPMorgan.

According to data from RWA.xyz, FILQ currently manages approximately $55.1 million in on-chain assets. Theo’s $20 million investment accounts for nearly one-third of the fund's total size. On an industry level, the tokenized U.S. Treasury market is expanding rapidly, with its scale growing from $6.9 billion to $14.6 billion over the past year, accelerating the on-chain migration of real-world assets. (Cointelegraph)