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Deployments · platform by Sygnum

Fidelity International USD Digital Liquidity FundUpdated 16 Oct 2026

Fidelity International's first tokenised money market fund, issued on Ethereum through Sygnum's Desygnate platform, with ZKsync planned next. It follows a 2024 arrangement in which Sygnum bought $50 million of a Fidelity International money market fund on behalf of Matter Labs and tokenised the units on ZKsync. The fund (ticker FILQ, with accumulating and distributing token classes) is a Cayman Islands segregated portfolio company share class for non-US professional investors, with J.P. Morgan as administrator and custodian, Apex Group as transfer agent and Chainlink publishing daily NAV on chain. Subscriptions can be made in stablecoins around the clock. About $25.8 million was on chain across five holders in October 2026.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since 28 Apr 2026[5] — Live date is the fund's on-chain inception per rwa.xyz (editor's decision 2026-10-12-deployments-1); Sygnum announced on 13 May and Ledger Insights reported on 14 May. On-chain balances first found 2026-10-12 (rwa-filq). · Reviewed 11d ago

Assets
Fund interest[2]
Tokenised money market fund units
Networks
Ethereum Public, permissionless[2]
ZKsync Public, permissionless[2]
The 2024 Sygnum units were on ZKsync; the new fund plans to add ZKsync.
Use cases
Primary issuance[5]Fund subscription and redemption[4]
Jurisdictions
Switzerland, Cayman Islands

Participants

Likely relevant regulation

Assets

Data feeds

Metrics

  • $50mUnits tokenised for Matter Labs · as of 2024 · on ZKsync[2]
  • $25.62mTokens outstanding, FILQ-A (accumulating) · as of 12 Oct 2026 · on Ethereum[5]
    rwa.xyz AUM; 3 holders.
  • $202,632Tokens outstanding, FILQ-D (distributing) · as of 12 Oct 2026 · on Ethereum[5]
    rwa.xyz AUM; 2 holders.

Timeline

  1. Happened 14 May 2026 · Announcement · recorded 11 Oct 2026
    Trade press reports that Fidelity International has issued its USD Digital Liquidity Fund on Ethereum via Sygnum Desygnate.[2]
  2. Happened 13 May 2026 · Announcement · recorded 12 Oct 2026
    Sygnum announces that its Desygnate platform powers Fidelity International's first tokenised product, rated AAA-mf by Moody's, with stablecoin subscriptions and 24/7 dealing.[3]
  3. Happened 28 Apr 2026 · Launch · recorded 12 Oct 2026
    Both FILQ token classes start on Ethereum (inception date recorded by rwa.xyz); the fund goes live.[5]
  4. Happened 2024 (year only) · First transaction · recorded 11 Oct 2026
    Sygnum tokenises $50 million of Fidelity International money market fund units on ZKsync for Matter Labs' treasury.[2]

Sources

  1. [1]Chainlink's Work With Major Tokenized Asset Platforms and Stablecoin Issuers — Chainlink. Accessed 16 Oct 2026. Chainlink's own round-up of client announcements (provider self-report); undated page..B
  2. [2]Fidelity International issues tokenized MMF partnering Sygnum — Ledger Insights, 14 May 2026. Accessed 11 Oct 2026.C
  3. [3]Sygnum Powers Fidelity International's First Tokenized Product Launch With Moody's AAA-mf Assessment — Sygnum, 13 May 2026. Accessed 12 Oct 2026.B
  4. [4]FILQ product page — Sygnum. Accessed 12 Oct 2026. ERC-20 on Ethereum, permissioned wallets, accumulating and distributing token classes, USD 100,000 minimum..B
  5. [5]Fidelity International USD Digital Liquidity Fund asset page — RWA.xyz. Accessed 12 Oct 2026. Figures read from the page's embedded product data (AUM, holders, inception, service providers, Cayman SPC structure)..A

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