Odaily Planet Daily reports that Fidelity International has launched its first tokenized fund, the Fidelity USD Digital Liquidity Fund (FILQ), which has received the highest AAA-mf rating from Moody's for money market funds.

FILQ is essentially the on-chain version of its existing institutional dollar liquidity fund, modeled after Fidelity's nearly $7 billion low-volatility NAV fund strategy, designed to serve the 24/7 digital asset market.

This fund is built on tokenized infrastructure provided by Sygnum and connects to the Chainlink oracle, utilizing daily official NAV data from JPMorgan on-chain. Investors can buy and redeem using stablecoins 24/7.