Chainlink supports Fidelity tokenised fund data

• Chainlink (CRYPTO:LINK) is providing onchain net asset value data for Fidelity's tokenised money market fund.
• The integration links traditional fund valuation data with blockchain infrastructure.
• The move adds another institutional use case for tokenised real-world assets.

Chainlink (CRYPTO:LINK) is providing onchain net asset value data for Fidelity Investments' tokenised money market fund, Fidelity Treasury Digital Fund (FILQ).

The integration gives blockchain users access to verified fund valuation data through Chainlink's infrastructure.

Chainlink said the service helps connect traditional financial data with blockchain applications.

The integration publishes net asset value data onchain, making it available for tokenised fund products and decentralised applications.

Neither Chainlink nor Fidelity disclosed any financial terms or expected impact from the integration.

Tokenised real-world assets are becoming a growing part of the digital asset market as financial firms test blockchain technology.

The Fidelity integration adds another example of a traditional financial institution using blockchain infrastructure for regulated investment products.

At the time of reporting, Chainlink price was $7.84.