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Sygnum, Fidelity, Chainlink Partner to Bring Net Asset Value Onchain
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Chainlink has partnered with Fidelity International and Sygnum to bring Net Asset Value (NAV) data onchain, the firm announced at the Point Zero Forum held in Zurich today.
The partnership will mark a step toward tokenization of assets and accessibility of key asset data. The focus is on the onchain representation of Fidelity International’s $6.9 billion Institutional Liquidity Fund, recently issued by Sygnum.
We’re excited to announce that Fidelity International and Sygnum have partnered with #Chainlink to provide NAV data onchain for Fidelity International’s $6.9B money market fund.
This is a landmark production use case for tokenized assets
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