Theo invests $20 million in FILQ, the tokenized dollar liquidity fund from Fidelity International

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

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

According to RWA.xyz data, FILQ currently has approximately $55.1 million in on-chain assets under management, with this $20 million investment accounting for nearly one-third of the fund's size. On an industry level, the tokenized U.S. Treasury market continues to expand significantly, growing from $6.9 billion to $14.6 billion over the past year, accelerating the on-chain process for real-world assets. (Cointelegraph)