Hassan Maishera
Chainlink announced via X on Tuesday that Theo has diversified thBILL reserves by investing in Fidelity International’s FILQ, executed via Sygnum, powered by Chainlink.
Chainlink enables key tokenized fund operations for FILQ by delivering NAV and distribution data onchain, unlocking 24/7 subscriptions, onchain yield payouts, and integration with third-party platforms.
With Theo’s institutional tokenized Treasury product thBILL now holding FILQ, this marks the first time a crypto platform has invested in Fidelity International's tokenized fund. FILQ is also the first tokenized liquidity fund to receive an Aaa-mf assessment from Moody's at launch.
Chainlink is enabling institutional-grade assets to be leveraged across treasury, liquidity, collateral, and reporting workflows onchain at scale.
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and a market leader powering the majority of decentralized finance (DeFi). Chainlink stands to benefit most from emerging blockchain industry trends, such as stablecoin adoption, real-world asset tokenization, and institutional adoption of blockchain technology.
Chainlink is powered by the LINK token, which is used to pay for platform services and secure the network’s proper functioning. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Chainlink is at the forefront of financial innovation and the global tokenization trend. Traditional financial institutions and infrastructure, such as SWIFT, DTCC, Euroclear, J.P. Morgan, Mastercard, the Central Bank of Brazil, UBS, SBI, Fidelity International, ANZ, and many others, are adopting Chainlink as a fundamental infrastructure as they move toward tokenizing trillions onchain. Demand for Chainlink has already generated hundreds of millions of dollars in revenue across a variety of traditional and decentralized use cases.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 1.5% over the past 24 hours, trading at $7.18.
