Onchain asset management platform Theo has invested $20 million in Fidelity International’s Chainlink-powered tokenized USD digital liquidity fund, FILQ, via global digital asset banking group Sygnum. FILQ is now the second institutional underlying in Theo’s Short Duration US Treasury Fund, thBILL. Launched last month and assessed Aaa-mf by Moody’s, FILQ is the first digitally native […]
- Theo has invested $20 million in Fidelity International's Chainlink-powered tokenized USD digital liquidity fund (FILQ), adding it as the second institutional underlying to its Short Duration US Treasury Fund (thBILL).
- FILQ, rated Aaa-mf by Moody's, offers yield from regulated government securities and utilizes Chainlink's oracle services for onchain NAV data, enabling seamless integration into thBILL.
- This move signifies Theo's role in bringing institutional asset managers' tokenized strategies onchain and highlights Chainlink's foundational role in connecting traditional finance with the digital asset economy.
Topics: Asset types, Infrastructure providers, Institutional adoption, Financial instruments, Major financial incumbents, Asset manager initiatives, Oracles data feeds
Tags: #theo #fidelityinternational #chainlink #filq #thbill #tokenizedfund #treasury #sygnum #onchain #navdata
No comments:
Post a Comment