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via CoinDesk · By CoinDesk Staff

Moody’s puts AAA rating stamp on Fidelity and BlackRock's tokenized money market funds

CS
CoinDesk Staff
(08:49 AM UTC)
1 min read
SC
Updated bySarah Chen
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The AAA rating signals the highest level of credit quality, liquidity and capital preservation.

Moody’s assigned its highest credit rating to tokenized money market funds from Fidelity and BlackRock, validating their safety as yield-bearing onchain products.

The AAA-mf rating signals an extremely strong ability to ensure high liquidity and capital preservation and the lowest level of risk.

Fidelity'…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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