#BNYInvestments

Marketnode tokenizes BNY funds on Stellar

Marketnode, a Singapore-based financial infrastructure firm founded by Temasek and SGX, is expanding its digital asset capabilities by tokenizing BNY Investments funds on the Stellar blockchain. This initiative aims to provide institutional and accredited investors with streamlined access to fund products through the Fundnode settlement platform. Fundnode, which launched in 2024, demonstrated significant operational capacity by processing nearly 1.5 million transactions within its first year. The choice of Stellar is driven by its native tokenization features, which include built-in compliance controls necessary for regulated entities to manage error correction and fraud prevention. Marketnode has previously established its market presence by supporting HSBC’s onchain structured products and acting as a distributor for WisdomTree and CGS International. By leveraging Stellar, Marketnode continues to build a multi-chain ecosystem that bridges traditional finance with distributed ledger technology. This development underscores the growing institutional preference for blockchain-based settlement layers that offer both regulatory oversight and high transaction throughput.

ledgerinsights.com·4h ago