Bybit, partnering with Finloop Finance Technology Holding Limited, unveiled FUIDL, a tokenized USD liquidity product backed by a triple-AAA-rated money market fund. This launch brings institutional-grade liquidity directly to the blockchain, bridging the gap between traditional finance standards and decentralized markets.
FUIDL provides institutional and professional investors on-chain access to a fund rated AAAm by S&P, Aaa-mf by Moody’s, and AAAmmf by Fitch the highest marks available from the three major rating agencies for money market funds. This triple-AAA backing sets FUIDL apart from many tokenized products that often lack institutional credibility and stringent asset backing.
Investors can subscribe or redeem their shares on an hourly basis with same-day (T+0) interest accrual, making capital movement between legacy and digital markets quicker and more efficient. On Bybit’s platform, FUIDL shares can also serve as collateral for trading activities, offering users greater flexibility. The partnership aims to pilot T+0 settlement for select assets, with plans for a global rollout continuing through 2026.
This development marks a key step toward making tokenized USD liquidity as dependable and accessible as traditional bank treasury operations. Bybit, already innovating in crypto derivatives and options, strengthens its institutional offering with this move. For context, Binance’s launch of USDT-settled options on commodities shows growing demand for sophisticated digital liquidity products within regulated frameworks.
This content is for informational purposes and does not constitute financial advice.
