Bybit has partnered with Finloop Finance Technology Holding Limited to launch FUIDL, short for Finloop USD Instant Digital Liquidity, a tokenized dollar product backed by a money market fund carrying top-tier credit ratings. The product is rated AAAm by Standard & Poor's, Aaa-mf by Moody's and AAAmmf by Fitch, placing it among the highest-rated instruments of its kind now bridging into crypto trading infrastructure.
The announcement, made from Dubai on July 29, 2026, positions FUIDL as both a yield-bearing cash instrument and usable trading collateral on Bybit's platform. Unlike many tokenized fund products that settle on a next-day basis, FUIDL supports hourly subscription and redemption windows alongside T+0, same-day interest accrual, a structure aimed at institutional users who need liquidity to move as fast as their trading does.
Collateral, Not Just a Cash Parking Spot
What distinguishes FUIDL from a typical stablecoin or tokenized treasury product is that Bybit will let traders post it directly as collateral. That means institutional and professional traders can hold an interest-accruing, AAA-rated asset while simultaneously using it to back positions elsewhere on the exchange, rather than choosing between yield and liquidity.
Yoyee Wang, Bybit's Global Head of TradFi and RWA, said the partnership marks a step in the exchange's push toward integrating institutional-grade trust with digital infrastructure. Cai Hua, Finloop's CEO, described the tie-up as a demonstration of how a wealth technology platform and a digital exchange can combine to deliver near-instantaneous settlement without compromising on regulatory and credit standards.
Related: Bitget Posts 122% Reserve Ratio in July 2026 Proof of Reserves
Part of a Broader RWA Push
The FUIDL launch fits into a wider trend of exchanges racing to bring real-world assets, particularly tokenized money market funds and treasuries, onto their platforms as a bridge between traditional finance and crypto-native trading. Bybit, which says it serves more than 80 million users worldwide, is positioning the product as an early entry in what it describes as a global rollout planned throughout 2026.
For Finloop, described as an AI-driven Web5 wealth technology platform, the Bybit tie-up gives its money-market-fund-backed token direct access to an active trading venue rather than requiring separate off-ramps. Whether other major exchanges follow with similarly rated products may depend on how quickly institutional traders adopt FUIDL as usable collateral rather than a passive holding.
