Moody's Grants Fidelity and BlackRock Tokenized Money Market Funds AAA-mf Rating

According to CoinDesk, Moody's has awarded its highest rating AAA-mf to Fidelity and BlackRock's tokenized money market funds, recognizing the highest standards in credit quality, liquidity, and capital preservation. Fidelity's FILQ fund launched on May 6 on Sygnum's Desygnate tokenization platform, supporting on-chain real-time cash settlement with infrastructure support from JPMorgan, Apex Group, and Chainlink. BlackRock's BUIDL fund, launched in March 2024, currently accounts for approximately 15% of the tokenized Treasury market.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments