Theo Invests $20 Million in Fidelity's FILQ Tokenized Fund to Strengthen thBILL

According to Bitcoin.com News, Theo has allocated $20 million into Fidelity International's USD Digital Liquidity Fund (FILQ) through Swiss digital asset bank Sygnum. The investment supports Theo's institutional tokenized Treasury product, thBILL, which now combines assets backed by both Fidelity International and Wellington Management. FILQ carries a top-tier Aaa-mf assessment from Moody's, providing thBILL users with 24/7 onchain access to Treasury-style liquidity from one of the world's largest asset managers.

Theo's co-CEO Arijit Pingle said the move marks the first time a crypto-native platform has accessed Fidelity International's tokenized fund offering. Chainlink handles the onchain data layer, bringing FILQ's daily net asset value data onchain for use across treasury management, collateral, and reporting workflows.