Fidelity International, a $1 trillion asset manager, has launched its first tokenized fund, FILQ, utilizing Chainlink's blockchain technology. This move marks a significant step in the integration of traditional finance with blockchain, offering investors a new way to access digital assets.
In other developments, Coinbase has introduced SOL-backed loans, enabling users to borrow up to $100,000 in USDC against their Solana holdings. This service allows investors to leverage their crypto assets without the need to sell them, providing greater flexibility in managing their portfolios.
Fidelity International Launches First Tokenized Fund Powered by Chainlink
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