Fidelity International

What Fidelity International does

Fidelity International is a Bermuda-domiciled private asset management firm operating as part of the broader Fidelity Investments conglomerate, managing approximately $1 trillion to $1.1 trillion in client assets on behalf of institutional and individual investors globally. Headquartered in Bermuda with operations spanning Hong Kong, Singapore, Australia, mainland China, and additional Asia-Pacific and global markets, the firm employs 5,001–10,000 people and offers diversified investment products across equities, fixed income, retirement savings, private equity, sustainable investment, and wealth management.

The firm's core technology is blockchain-based tokenization infrastructure for institutional liquidity products, anchored by the FILQ (Fidelity USD Digital Liquidity Fund) — a tokenized liquidity fund launched on Chainlink's blockchain infrastructure and connected through Sygnum Bank's Desygnate platform with JPMorgan providing daily NAV pricing. FILQ carries a AAA-mf assessment from Moody's Ratings, making it one of only two tokenized products (alongside BlackRock's BUIDL) to achieve that rating. Fidelity is also participating in Visa's cross-border settlement pilot alongside ANZ, ChinaAMC, and Chainlink to settle tokenized assets across public and private blockchains.

Fidelity International generates revenue through recurring asset management fees on its ~$1T AUM base, complemented by revenue from tokenized fund products and institutional investment mandates. Its go-to-market operates through institutional sales channels, cornerstone investor commitments in Asia-Pacific IPOs (Momenta, Eacon Group, Muyuan Foods), and regulatory-approved cross-border distribution including the China Mutual Recognition of Funds scheme. The firm serves three primary customer segments: global institutional investors, mainland Chinese investors accessing offshore funds via MRF, and crypto-native platforms seeking AAA-rated on-chain Treasury products.

Name

Fidelity International

Legal name

Fidelity International

Website

https://fidelity.com.hk

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Fidelity International is a Bermuda-based private asset manager overseeing approximately $1 trillion in client assets, serving institutional investors with diversified funds, tokenized liquidity products (FILQ), and Asia-Pacific IPO cornerstone investments.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Fiduciary Investment Management (Trust Portfolios) (FSAEAKAI)

akta.pro secondary industries

Institutional Consultants & Fiduciary Management (Investment Consulting) (FSAAAGAJ), Money Market Funds (FSAAAEAC), Fixed Income Mutual Funds (FSAAAEAB)

Keywords

• Asset management services
• Investment fund products
• Wealth management solutions
• Tokenized liquidity funds
• Retirement savings plans

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Revenue model

1. Asset Management Fees: Traditional asset management fees from managing client assets across institutional liquidity funds, bond funds, and other investment products. Manages approximately $1 trillion in client assets.
2. Tokenized Fund Products: Revenue from tokenized liquidity products enabling 24/7 blockchain-based access to institutional-grade Treasury liquidity, with yield-bearing liquidity brought on-chain at scale.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Fidelity International is a Bermuda-based global asset management firm that manages approximately $1 trillion in client assets across institutional and individual investor segments. Its core offerings include diversified investment products spanning equities, fixed income, and alternative investments, alongside the Fidelity USD Digital Liquidity Fund (FILQ), a tokenized institutional liquidity product issued on blockchain infrastructure. The firm also provides retirement savings, wealth management, and cross-border fund distribution including the Hong Kong Bond Fund approved under China's Mutual Recognition of Funds scheme.

Product overview

Fidelity International is a Bermuda-based asset manager offering investment products including the Fidelity USD Digital Liquidity Fund (FILQ) and Hong Kong Bond Fund. Based on the available source data, limited product portfolio information is provided for extraction.

Differentiator

Problem solved

Functional benefit

Brands

• Fidelity USD Digital Liquidity Fund (FILQ): Tokenized liquidity fund that received a AAA-mf assessment from Moody's Ratings, issued on blockchain infrastructure connected to Chainlink.

Products and services

• Fidelity USD Digital Liquidity Fund (FILQ) Tokenized institutional liquidity fund issued on blockchain infrastructure that provides qualified investors with 24/7 on-chain access to yield-bearing Treasury-grade liquidity, with daily NAV pricing supplied by JPMorgan and AAA-mf rating from Moody's.
• Hong Kong Bond Fund

Quantifiable outcome

• FILQ is one of only two tokenized products to achieve AAA rating from Moody's alongside BlackRock's BUIDL
• +1 more outcomes

Named customers2 records

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• ChainlinkcoreTechnology or Integration · 13 May 2026Fidelity International launched the FILQ tokenized fund on Chainlink's blockchain infrastructure, enabling 24/7 on-chain access to institutional-grade Treasury liquidity. Chainlink's oracle technology provides critical data infrastructure for the tokenized capital markets milestone.
• Sygnum BankcoreTechnology or Integration · 13 May 2026Sygnum Bank's Desygnate platform serves as the tokenization platform for Fidelity's FILQ fund, enabling the issuance and management of the blockchain-native institutional liquidity product.
• JPMorgancoreTechnology or Integration · 13 May 2026JPMorgan provides daily NAV (Net Asset Value) data for pricing of Fidelity's FILQ tokenized fund, ensuring accurate valuation and regulatory compliance for the institutional product.
• VisaflagshipStrategic or Co-development Partner · 7 March 2026Visa conducted a cross-border settlement pilot with ANZ, ChinaAMC, and Fidelity International using Chainlink's oracle system to settle tokenized assets across public and private blockchains, demonstrating institutional-scale on-chain settlement capabilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Ondo Finance: Ondo Finance is a leading tokenized Treasuries and yield platform that competes with Fidelity's FILQ in bringing institutional-grade, yield-bearing Treasury products on-chain for crypto-native and institutional users.
• Hashnote: Hashnote operates a tokenized short-duration yield product (USYC) backed by T-bills, positioning it as an early-stage but direct competitor in the on-chain Treasury liquidity niche that FILQ targets.

Broad incumbents

• T. Rowe Price: T. Rowe Price is a global asset manager with significant institutional fixed income and multi-asset offerings comparable to Fidelity International's traditional fund business across institutional and intermediary channels.
• Vanguard: Vanguard is among the world's largest asset managers with deep fixed income and multi-asset fund offerings, including Asia-domiciled distribution, comparable to Fidelity International's traditional mutual fund book.
• State Street Global Advisors: State Street Global Advisors is one of the largest asset managers globally and competes head-to-head with Fidelity for institutional mandates across index, active, and ETF products, with similar breadth across asset classes.

Direct peers

• Schroders: Schroders is a London-listed global asset manager with strong Asia-Pacific institutional presence and a comparable mix of traditional and sustainability-led institutional products, making it a close peer in the institutional cross-border asset management space.
• Goldman Sachs Asset Management: Goldman Sachs Asset Management is a major global institutional asset manager with broad fixed income, equity, and alternatives offerings, comparable in scale and institutional client base to Fidelity International's traditional asset management business.
• BlackRock: BlackRock is the largest global asset manager and direct competitor via its tokenized Treasury fund BUIDL — one of only two AAA-mf rated tokenized products alongside Fidelity's FILQ — making it the most directly comparable peer in the institutional asset management and tokenized liquidity categories.
• Franklin Templeton: Franklin Templeton runs the Franklin OnChain U.S. Government Money Fund (FOBXX), one of the earliest tokenized money market funds, making it a direct peer in the institutional tokenized liquidity space that Fidelity is pursuing with FILQ.
• JPMorgan Asset Management: JPMorgan Asset Management is a global institutional asset manager that, like Fidelity, received MRF approval to distribute Hong Kong-domiciled funds to mainland Chinese investors and provides NAV pricing services to FILQ, making it a direct peer on both traditional and tokenized product fronts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/205748082788000

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fidelity International