Brief
Global asset manager (FIL Limited), legally separate from US-based Fidelity Investments. Launched its first tokenized fund, the Fidelity USD Digital Liquidity Fund (FILQ), on May 6, 2026, issued as an ERC-20 on Ethereum. FILQ is the onchain version of Fidelity International's ~$7B Ireland-domiciled low-volatility NAV money market fund: same strategy, highly rated government securities, with 24/7 subscription and redemption. Tokenized on Sygnum Bank's Desygnate platform, with Chainlink publishing NAV and distribution data onchain, JPMorgan providing custody and fund administration, and Apex Group as transfer agent. Moody's assigned FILQ an Aaa-mf rating in May 2026, jointly with BlackRock's BUIDL among the first tokenized funds to reach the top of Moody's money-market-fund scale.
Snapshot
Key terms and identifiers.
- Asset classes
- Treasuries
- Token standards
- erc-20
- Jurisdiction
- UK
Milestones
How this player got here.
- May 2026Moody's assigned FILQ an Aaa-mf rating, jointly with BlackRock's BUIDL among the first tokenized MMFs to reach it
- May 2026Launched FILQ (Fidelity USD Digital Liquidity Fund), its first tokenized fund, on Sygnum's Desygnate platform
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
