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

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

FILQ is issued on the Sygnum Desygnate tokenization platform and has received the highest Aaa-mf rating from Moody's for money market funds. It invests in a diversified portfolio of short-term, high-rated monetary instruments. On-chain net asset value (NAV) and dividend data are updated in real-time via Chainlink oracles, while daily NAV calculation audits are managed by JPMorgan.

According to RWA.xyz data, FILQ currently has approximately $55.1 million in on-chain assets under management. This $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 significantly, with its scale growing from $6.9 billion to $14.6 billion over the past year, accelerating the ongoing process of bringing real-world assets onto the blockchain. (Cointelegraph)