Theo invests $20M in Fidelity tokenized fund

Real-world asset (RWA) platform Theo has invested $20 million in Fidelity International's dollar digital liquidity fund, FILQ, Cointelegraph reported. The investment was facilitated through the Swiss digital asset bank Sygnum, and FILQ has been incorporated into Theo's institutional tokenized U.S. Treasury bill product, thBILL. FILQ is a Moody's Aaa-mf rated dollar liquidity fund built on Sygnum's Desygnate platform. Chainlink (LINK) provides on-chain net asset value and distribution data for the fund, while JPMorgan receives and approves the daily NAV data. According to data from RWA.xyz, FILQ's on-chain assets under management total approximately $55.10 million.