Theo invests $20M in Fidelity International's tokenized fund, a first for crypto-native platforms

Onchain capital markets platform Theo allocated $20M to Fidelity International's tokenized liquidity fund FILQ, marking the first crypto-native investment in the asset manager's tokenized product.

• Theo invested $20M in Fidelity International's FILQ tokenized US dollar liquidity fund via Sygnum bank.
• FILQ is a Moody's Aaa-mf-rated fund investing in short-term money market instruments.
• Chainlink provides onchain NAV data; JPMorgan receives and approves daily NAV.
• Tokenized US Treasury products have grown from $6.9B to $14.6B over the past year.
• Theo's $20M represents a significant share of FILQ's $55.1M in onchain assets.

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