Fidelity International launches Moody’s-rated tokenized fund on Chainlink
Fidelity International has launched a Moody's-rated tokenized fund on the Chainlink network, expanding its offerings in the DeFi space. This move is significant as it aims to increase access to financial services for institutional investors and could set a precedent for other asset managers following suit. While Figure, a crypto lender, is also democratizing crypto-as-collateral, Fidelity's venture represents a more direct entry into the tokenized assets market.