Theo invested 20 million dollars in Fidelity International Tokenized Liquidity Fund

According to Cointelegraph, the on-chain capital market platform Theo announced an investment of $20 million into Fidelity International's dollar digital liquidity fund (FILQ) through the Swiss digital asset bank Sygnum, becoming the first crypto-native platform to allocate to this tokenized fund.

The fund is a tokenized dollar liquidity product that primarily invests in a diversified portfolio of short-term money market instruments. Data shows that Theo's allocation represents a significant proportion of the current on-chain managed assets of the fund, reflecting that institutional funds are continuously flowing into tokenized U.S. Treasury and cash management products.