Fidelity Launches FILQ: 24/7 Tokenized Liquidity Fund Backed by Moody’s Aaa Rating

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Fidelity International launches Moody’s-rated FILQ tokenized fund

Fidelity International has introduced FILQ, its first fund available as a digital token, offering access to USD liquidity.

Summary

  • FILQ gives institutions 24/7 tokenized liquidity backed by regulated, highly rated government securities and controls.
  • Chainlink will publish NAV data onchain, while JPMorgan supplies approved daily pricing data for FILQ.
  • Fidelity’s launch follows JPMorgan, BlackRock and Franklin Templeton in the fast-growing institutional tokenized fund race.

This product provides qualified organizations with funding to participate in digital asset markets that trade outside of regular business hours.

Sygnum explains that FILQ is a highly-rated fund assessed as ‘Aaa-mf’ by Moody’s, offering returns from secure government bonds. They position it as a product designed for use with blockchain technology, but structured like a traditional cash management solution.

Sygnum and Chainlink power the fund rails

FILQ is accessible through Sygnum’s platform, allowing institutional investors to buy, store, and sell tokens after completing standard identity and anti-money laundering verification. Sygnum requires a minimum investment of $100,000, and FILQ tokens are created as ERC-20 tokens on the Ethereum blockchain.

This fund uses Chainlink to make information about its net asset value (NAV) and payouts publicly available on the blockchain. JPMorgan provides the official, daily NAV figures. According to Sygnum, this system allows investors to see the fund’s value every day and enables very fast transactions while markets are open.

This fund isn’t designed to be a stablecoin. According to Sygnum, stablecoins primarily focus on maintaining a fixed price and facilitating transactions. However, FILQ aims to provide returns from government bonds while still being compatible with blockchain-based applications.

This product can also gather and share different types of digital tokens. Sygnum explains that rewards build up daily, and tokens distribute payouts monthly, always maintaining a consistent value of one token equaling one U.S. dollar. This setup could be attractive to firms needing quick access to funds without having to move away from blockchain technology.

Tokenized fund race grows across Wall Street

This announcement follows a trend of major financial companies increasingly using blockchain technology for money market and treasury products. Previously, JPMorgan filed plans to launch JLTXX, a tokenized money market fund built on Ethereum, designed to provide stablecoin companies with reserves backed by Treasury assets.

As a crypto investor, I’m really watching BlackRock. They’ve launched another tokenized fund – it’s built on Securitize, and it’s interesting to see them doubling down after their first fund, BUIDL, quickly grew to around $2.3 billion. It’s not just them either; Franklin Templeton and Payward, the company behind Kraken, are collaborating to integrate their BENJI token into Kraken for things like collateral and managing cash. This all points to bigger institutional players getting more serious about tokenization, which is a positive sign for the future of crypto.

Fidelity International is joining the growing number of major firms offering regulated ways to manage digital assets. This primarily benefits institutions by allowing them to earn returns on cash holdings, easily monitor fund values on the blockchain, and streamline processes for managing treasury, collateral, and trading – all with faster speeds.

Fidelity International hasn’t responded to all questions about the launch, but Sygnum describes their product, FILQ, as the foundation for moving money within the growing world of on-chain finance. Previous work between Sygnum, Chainlink, and Fidelity centered on securely sharing fund value information on the blockchain. This earlier project involved a $6.9 billion Fidelity fund and the treasury reserves of Matter Labs, and it paved the way for this new development.

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2026-05-14 07:30