What is Fidelity International’s new tokenised liquidity fund?

Fidelity International launched the Fidelity USD Digital Liquidity Fund, known as FILQ, using blockchain infrastructure connected to Chainlink and Sygnum Bank. The fund is designed to provide institutional investors with blockchain-based access to short-term liquidity and yield products. It represents another step in bringing traditional finance products onchain.

What does the Moody’s AAA-mf rating mean for FILQ?

Moody's Ratings assigned FILQ a AAA-mf assessment, which is typically used for money market funds with strong liquidity and credit quality. The rating suggests the fund is considered low risk relative to other short-term liquidity products. For institutional investors, ratings can provide additional confidence around fund stability.

Why is Chainlink involved in the Fidelity tokenised fund?

Chainlink will provide onchain net asset value (NAV) and distribution data for the fund. This allows investors to access near real-time pricing and payout information directly through blockchain infrastructure. Chainlink’s role highlights how oracle networks are becoming critical bridges between traditional finance data and blockchain applications.

What role does JPMorgan play in the FILQ fund?

JPMorgan Chase will provide approved daily NAV pricing data for the tokenised fund. That pricing information is then delivered onchain through Chainlink infrastructure. The collaboration shows how major banks are increasingly participating in tokenised finance ecosystems.

Why are asset managers launching tokenised funds?

Asset managers see tokenisation as a way to improve settlement efficiency, transparency and access to financial products. Blockchain infrastructure can also allow faster movement of capital and near real-time reporting. Firms are increasingly exploring tokenised money market and Treasury products as demand for digital financial infrastructure grows.

What are tokenised liquidity or money market funds?

Tokenised liquidity funds are blockchain-based versions of traditional money market or short-term fixed-income products. Investors can hold tokenised shares representing claims on underlying low-risk assets like Treasury bills or cash-equivalent instruments. The goal is to combine traditional yield products with blockchain settlement and programmability.

How does this fit into the broader tokenised asset trend?

The launch adds to growing institutional adoption of blockchain-based real-world assets. Companies including BlackRock and Franklin Templeton have also launched tokenised investment products. Tokenised Treasuries and money market funds are currently among the fastest-growing blockchain finance sectors.

Why are institutional investors interested in tokenised finance?

Institutions are exploring tokenisation because it may reduce settlement delays, improve operational efficiency and allow programmable financial workflows. Blockchain systems can also provide transparent ownership tracking and 24/7 asset movement. Many banks and asset managers see tokenisation as part of the next generation of financial infrastructure.

Fidelity launches Chainlink-powered tokenised liquidity fund

Written by Mahathir BayenaPublished May. 14 2026Last Updated May. 14 2026

Fidelity International launched a tokenised liquidity fund on blockchain infrastructure linked to Chainlink and Sygnum Bank as institutional tokenised finance activity continued expanding.

The Bermuda-based asset manager said the new Fidelity USD Digital Liquidity Fund, known as FILQ, received a AAA-mf assessment from Moody's Ratings, reflecting strong liquidity and credit quality associated with money market products.

Sygnum said the tokenised fund would provide institutional investors with regulated blockchain-based access to short-term yield-bearing liquidity products.

“This marks an important milestone in the evolution of capital markets, demonstrating how tokenised liquidity products can bring high-quality, yield-bearing liquidity on-chain in a regulated and scalable way,”

Said Fatmire Bekiri.

As part of the structure, Chainlink will provide onchain net asset value and distribution data for the fund, while JPMorgan Chase will supply approved daily NAV pricing information.

Fernando Vazquez said the integration would allow investors to access “verifiable, real-time NAV and distribution metrics” needed to bridge traditional finance products with blockchain-based infrastructure.

The launch adds to broader institutional efforts to tokenise money market and Treasury products, with firms including BlackRock and Franklin Templeton also expanding tokenised fund offerings as blockchain-based real-world asset markets continue growing.