Moody’s awards top rating to Fidelity and BlackRock's tokenized money market funds
CoinDesk
Moody’s has assigned its highest AAA-mf credit rating to tokenized money market funds managed by Fidelity and BlackRock.Summary
Moody’s has awarded its highest AAA-mf credit rating to the tokenized money market funds offered by Fidelity and BlackRock, affirming the products' high levels of liquidity, capital preservation, and low risk. Fidelity's FILQ fund, supported by infrastructure from Sygnum, JPMorgan Chase, and Chainlink, and BlackRock's BUIDL fund, which has become a leader in the tokenized Treasury sector, are among the assets receiving this top-tier validation. This development highlights the rapid expansion of the onchain Treasury market, which has grown to over $15 billion in assets as institutional interest in low-risk, yield-bearing digital instruments continues to rise.
(Source：CoinDesk)