![Fidelity and Sygnum Utilize Chainlink for On-Chain NAV Data](/content/images/size/w600/2024/07/3491c362-c037-4df8-8ad5-f81750a1828a.png)
Finance
Fidelity and Sygnum Utilize Chainlink for On-Chain NAV Data
Chainlink has partnered with Fidelity International and Sygnum to bring Net Asset Value (NAV) data onchain, enhancing transparency and real-time data access for Fidelity’s $6.9 billion Institutional Liquidity Fund. This initiative aims to provide more efficient and accessible NAV reporting by utilizing Chainlink's decentralized oracle technology.