Moody's gives Fidelity and BlackRock tokenized funds top credit ratings

Techub News, according to CryptoBriefing, Moody's has awarded the highest AAA-mf credit rating to Fidelity's FILQ and BlackRock's BUIDL. The two tokenized money market funds manage approximately $2.3 billion in assets and were launched on May 6, marking the recognition of tokenized traditional financial assets by mainstream institutions. The tokenized U.S. Treasury market has grown from $1 billion two years ago to over $15 billion. This highest rating will boost institutional investors' confidence in digital assets, pushing the total size of the real-world assets tokenization category to exceed $31 billion.