#MoneyMarketFunds

40 articles tagged #MoneyMarketFunds — curated RWA tokenization coverage.

#Tokenization #BlackRock #JPMorgan #Ethereum #RWA #FranklinTempleton #TokenizedFunds #Kinexys #Blockchain #BUIDL

Federated Hermes plans its first onchain fund shares

Federated Hermes, a $912 billion asset manager, is developing plans to issue fully onchain share classes for its money market funds. Unlike current beneficial ownership models, these shares would be recorded directly on a blockchain, eliminating the need for traditional ledger-based digital twins. The firm, which manages $676.9 billion in money market assets, is currently navigating the evolution of digital transfer agency models required to support this transition. Kevin Barr, appointed as Director of Digital Assets in May 2026, is leading the strategy to integrate these capabilities. The company has already established a foundation through its Digital Treasury Fund (OFFXX) and partnerships with Archax and Conduit Digital Holdings. These initiatives provide tokenized access to funds across Ethereum and Solana, serving as a testing ground for future onchain share issuance. While the roadmap is clear, the firm notes that full implementation remains dependent on maturing regulatory frameworks and operational infrastructure. This shift represents a significant institutional push to allow investors to hold money market exposure within the same digital environments as their other onchain assets.

#Ethereum #Solana #Tokenization

cryptobriefing.com·Oct 13, 20268.0

News

JPMorgan’s Tokenized Funds Hold $844M on Ethereum as

JPMorgan has successfully scaled its tokenized money market fund offerings on the Ethereum blockchain, reaching a combined total of $844 million in assets under management as of October 11. The portfolio consists of $741 million held in the JLTXX fund and $103 million in the MONY fund. The JLTXX fund has experienced rapid growth since its launch in May, when it debuted with an initial $200 million. This accumulation highlights a significant shift in institutional investment dynamics, demonstrating growing confidence in Ethereum as a viable infrastructure for traditional financial instruments. While broader Ethereum market activity has faced periods of thin trading volume, these substantial institutional holdings suggest a long-term commitment to the platform's utility. The success of these funds serves as a bellwether for institutional adoption, potentially encouraging further participation from other major financial players. By leveraging blockchain for money market funds, JPMorgan is positioning itself at the forefront of the transition toward tokenized financial products.

#Ethereum #Tokenization #InstitutionalAdoption

coinfomania.com·Oct 12, 20268.0

Infrastructure

Tokenised funds: from experimentation to production

BNP Paribas is transitioning from experimental blockchain pilots to the production-level issuance of tokenized money market funds. The firm has systematically evolved its capabilities since 2021, moving from initial digital bond investments to live fund tokenization on both private and public blockchains. Key milestones include successful issuances on Allfunds' private blockchain in Luxembourg and a February 2026 issuance on the public Ethereum blockchain via the AssetFoundry platform. BNP Paribas Securities Services now provides comprehensive support as a transfer agent, fund dealing service provider, and depositary bank to bridge traditional and digital asset workflows. By managing ownership registers on-chain and facilitating access for non-DLT-equipped investors, the firm aims to streamline distribution channels. This shift signifies a broader institutional commitment to a dual-model future where tokenized and traditional assets coexist within a unified service infrastructure. The focus is now on scaling these operations and onboarding new clients to leverage the efficiency of instant NAV-based settlement.

#Ethereum #TokenizedFunds #BNPParibas

securities.cib.bnpparibas·Oct 8, 20268.5

Active Strategies

CMB International Brings $3.8B Fund to BNB Chain via Tokenization

CMB International Asset Management has partnered with BNB Chain to tokenize its $3.8 billion USD Money Market Fund, marking a significant expansion of institutional RWA adoption in Asia. The fund, a sub-fund of the Hong Kong-based CMB International Open-ended Fund Company, is now represented on-chain via two tokens, CMBMINT and CMBIMINT. By utilizing infrastructure provider OnChain, the initiative allows these tokens to be integrated into decentralized finance applications, including collateralized lending and yield strategies on platforms like Venus Protocol and ListaDAO. The fund maintains a conservative strategy, allocating at least 70% of its net asset value to short-term deposits and high-quality money market instruments from major global jurisdictions. This move highlights the growing trend of traditional financial institutions leveraging blockchain to enhance the liquidity and utility of large-scale money market assets. For the RWA market, this integration demonstrates how established banking entities are increasingly utilizing BNB Chain to bridge traditional finance with DeFi ecosystems. The collaboration underscores the strategic shift of major commercial banks toward digital asset offerings to provide investors with broader access to yield-generating products.

#RWA #DeFi #BNBChain

coinmarketcap.com·Oct 6, 20268.0

News

Next Shiba Inu Search Heats Up as Franklin Templeton Puts $686M On-Chain and Pepeto Goes Live

Franklin Templeton has expanded its institutional crypto integration by enabling $686 million in tokenized money market fund shares to be used as trading collateral on the Bybit exchange. This initiative, launched on September 28, allows investors to pledge tokenized fund shares via ByCustody while continuing to earn yield on their underlying assets. By integrating these shares into major exchanges like Bybit, Binance, and OKX, the $1.83 trillion asset manager is bridging traditional finance with digital asset liquidity. This development signifies a shift where institutional capital seeks to maintain core holdings while gaining exposure to crypto markets without liquidating positions. While the article contrasts this institutional progress with speculative retail tokens, the core event highlights the growing utility of tokenized U.S. Treasury-backed funds in decentralized finance. The ability to use regulated, yield-bearing assets as collateral on centralized exchanges marks a maturing phase for the RWA sector. This trend underscores how traditional financial giants are increasingly treating blockchain rails as standard infrastructure for capital efficiency.

#FranklinTempleton #FOBXX #Bybit

techbullion.com·Oct 1, 20267.5

U.S. Treasuries

Franklin Templeton’s Chetan Karkhanis: Asia leads in tokenized finance

Franklin Templeton is aggressively expanding its tokenized finance footprint in Asia, identifying Korea, Japan, Singapore, and Hong Kong as leaders in the sector. The firm asserts these markets are two to three years ahead of global peers, supported by clear regulatory frameworks like Singapore’s Monetary Authority guidelines and Hong Kong’s Fintech 2030 plan. Franklin Templeton has executed a series of strategic launches, including Hong Kong’s first tokenized money market fund in November 2025 and a partnership with DBS Bank for a Singaporean retail fund. Further expansion occurred in 2026 through collaborations with DigiFT and HashKey Exchange to distribute tokenized products and the Franklin OnChain U.S. Government Liquidity Fund. These initiatives leverage the proprietary Benji platform, which facilitates fractional ownership and on-chain settlement for traditional assets. The firm’s strategy focuses on familiar products like Treasuries and money market funds to drive institutional adoption rather than speculative DeFi applications. This regional momentum mirrors broader market trends, where total tokenized RWA volume on public blockchains surged from $5.5 billion in 2021 to $18.6 billion by 2025. By prioritizing pragmatic integration, Franklin Templeton aims to enhance traditional financial infrastructure through blockchain efficiency.

#Tokenization #FranklinTempleton #BENJI

cryptobriefing.com·Sep 30, 20268.0

U.S. Treasuries

Goldman Sachs, BNY Launch Tokenized Access to $7.1 Trillion Money Market Industry

Goldman Sachs and BNY Mellon have launched a new system enabling institutional investors to purchase tokenized money market funds, targeting a $7.1 trillion industry. By recording ownership on Goldman's blockchain platform, the initiative aims to replace traditional, friction-heavy settlement processes with seamless, real-time digital transactions. Major asset managers including BlackRock, Fidelity Investments, and Federated Hermes have joined as partners to offer their fund share classes through this infrastructure. Unlike stablecoins, these tokenized funds provide yield, making them highly attractive for institutional cash management and collateral optimization. Executives highlight that the digitized structure could eventually allow direct asset transfers between intermediaries without the need for liquidation into cash. This capability is expected to enhance the utility of money market funds for meeting margin requirements and regulatory capital needs. The project reflects a broader institutional shift toward building a 24/7 digital financial ecosystem that leverages blockchain for improved operational efficiency. By digitizing these low-risk, short-term securities, the banks are positioning themselves to modernize the foundational plumbing of global financial markets.

#Blockchain #InstitutionalDeFi #GoldmanSachs

yellow.com·Sep 12, 20269.5

U.S. Treasuries

Tokenised Money Market Funds: The Coupon is Proven, the Redemption Promise is Not

Tokenized money market funds currently offer attractive yields tied to Federal Reserve policy, with dollar-denominated products significantly outperforming euro-denominated alternatives. As of early September, major funds like Franklin Templeton's BENJI and BlackRock's BUIDL are delivering yields between 3% and 3.6%, positioning them as competitive alternatives to non-yield-bearing stablecoins. However, the market faces significant structural risks, particularly regarding the discrepancy between 24/7 on-chain redemption promises and the underlying traditional fund settlement cycles. With $15.86 billion in tokenized U.S. Treasury debt, the sector exhibits extreme holder concentration, where a handful of addresses control the vast majority of assets. Analysts warn that the public visibility of on-chain redemption queues could accelerate bank runs, as investors can monitor outflows in real time. Current liquidity facilities, such as BlackRock's $100 million buffer for its $2.9 billion BUIDL fund, appear thin relative to the potential for rapid, concentrated withdrawals. This creates an untested scenario where a weekend policy shock could trigger a liquidity crisis that traditional money market funds have historically avoided through informational asymmetry. Ultimately, while the yield pass-through is efficient, the lack of stress-tested redemption mechanisms remains a critical unpriced liability for institutional participants.

#BUIDL #Tokenization #BlackRock

thebigwhale.io·Sep 8, 20268.0

Active Strategies

Market for tokenized real-world assets has surpassed $25 billion and could grow to trillions

The market for tokenized real-world assets has experienced rapid expansion, surpassing $25 billion in total value by early 2026. This figure represents a threefold increase over the previous year and a fivefold growth since 2023, signaling a significant shift in digital finance. Major institutional players are driving this momentum, with Franklin Templeton managing approximately $1.98 billion in its BENJI tokenized money market fund as of April. BlackRock has further bolstered the sector by launching two additional tokenized money market products on August 3. The primary asset classes fueling this growth include government bonds, private credit, investment funds, and real estate. Analysts project that this market could reach between $4 trillion and $16 trillion by 2030 as traditional financial instruments migrate to blockchain infrastructure. This transition highlights a fundamental evolution in how conventional stocks and bonds are issued and managed, moving away from legacy systems toward decentralized ledger technology.

#RWA #Tokenization #FranklinTempleton

open4business.com.ua·Sep 7, 20268.0

Active Strategies

GRANITE, Tarmiiz join FRA Sandbox to test money market fund tokenization

GRANITE Financial Holding and Tarmiiz Information Technology have been admitted to the Egyptian Financial Regulatory Authority (FRA) Regulatory Sandbox to pilot the tokenization of money market funds. This initiative marks a significant step for Egypt's non-banking financial sector as it explores blockchain for recording and managing asset ownership. By leveraging Tarmiiz’s blockchain infrastructure alongside GRANITE’s asset management expertise, the partners aim to identify the necessary regulatory and operational frameworks for future commercial viability. The project is one of nine initiatives granted preliminary approval within the Sandbox's first year, which saw over 50 total applications. This testing phase focuses on assessing how distributed ledger technology can improve liquidity management and transaction settlement efficiency. The collaboration underscores a growing institutional interest in modernizing capital market infrastructure through digital assets. Ultimately, the findings from this sandbox environment will inform the FRA’s approach to integrating tokenization into the broader Egyptian financial ecosystem.

#Blockchain #Tokenization #MoneyMarketFunds

dailynewsegypt.com·Aug 29, 20267.5

U.S. Treasuries

Franklin Templeton's $726 Million Tokenized Fund Wins SEC Clearance to Enter $872 Billion of ETFs and Mutual Funds

On August 12, 2026, the SEC issued a no-action letter allowing Franklin Templeton to integrate its tokenized Franklin OnChain U.S. Government Money Fund (BENJI) into its broader suite of mutual funds and ETFs. This regulatory clearance permits Franklin’s $872 billion in registered fund assets to utilize BENJI for cash management and as collateral in securities lending programs. The SEC staff determined that blockchain-based records function as a modern equivalent to traditional book-entry systems, provided that an affiliated transfer agent maintains administrative control. By leveraging multiparty computation and multisignature techniques, Franklin Templeton ensures custodial authority remains intact, satisfying the SEC's requirements for investor protection. This development marks a significant shift, moving tokenized assets from a niche crypto-native product into the core plumbing of traditional retail investment vehicles. While the relief is specific to Franklin’s internal structure, it establishes a critical precedent for how tokenized funds can be integrated into regulated investment products. As other fund sponsors analyze the twelve mandatory operating conditions, this move signals a broader evolution in how institutional capital manages liquidity and settlement efficiency.

#FranklinTempleton #BENJI #SEC

genfinity.io·Aug 24, 20269.5

U.S. Treasuries

Franklin Templeton Gets SEC Clearance for Funds to Hold Tokenized Assets

Franklin Templeton has received a no-action letter from the SEC, allowing its traditional investment funds to hold shares of its blockchain-based Franklin OnChain U.S. Government Money Fund. This regulatory relief, issued on August 12, permits the firm to utilize its own investor services as a custodian for these tokenized assets under specific conditions. By integrating the BENJI-tokenized fund into conventional portfolios like mutual funds and ETFs, Franklin Templeton aims to enhance cash management precision and improve yield generation. The firm expects to begin implementing this structure as early as the fourth quarter, pending individual fund board approvals. This development marks a significant step in bridging the gap between traditional finance and blockchain-based recordkeeping. The OnChain fund, which operates on the Stellar blockchain, currently manages nearly $2 billion in assets. This move signals a broader institutional shift toward using tokenized money market funds as efficient collateral and liquidity tools within established financial products.

#Stellar #Tokenization #FranklinTempleton

coingape.com·Aug 20, 20269.0

Active Strategies

Weekly Recap: HPS fund 5% redemption cap and tokenized money market launches

BlackRock is currently managing liquidity pressures within its HPS Corporate Lending Fund, which has implemented a 5% quarterly redemption cap to address investor withdrawal demands. Simultaneously, the firm is expanding its digital asset footprint by launching tokenized money-market ETFs, signaling a strategic pivot toward integrating traditional financial products with blockchain infrastructure. Beyond these RWA initiatives, BlackRock reported net inflows into its Bitcoin products and executed a 1-for-3 reverse stock split for the iShares Ethereum Trust (ETHA). The firm also disclosed a 7.5% equity stake in Prio, a company focused on privacy-preserving data aggregation. These developments highlight BlackRock's dual focus on stabilizing legacy credit products while aggressively scaling its tokenized investment offerings. The move into tokenized money-market funds represents a significant institutional push to modernize liquidity management through distributed ledger technology. This multifaceted approach underscores the firm's intent to capture market share across both traditional and emerging digital asset classes.

#Tokenization #BlackRock #MoneyMarketFunds

tradingview.com·Aug 13, 20267.5

U.S. Treasuries

Franklin Templeton: SEC Clears Onchain Fund Custody

Franklin Templeton has secured a significant no-action letter from the SEC Division of Investment Management regarding its OnChain U.S. Government Money Fund, known as FOBXX. This regulatory relief permits the fund to be utilized for cash management and as collateral for securities lending, moving beyond traditional physical-securities settlement requirements. By enabling ownership to be recorded directly on its blockchain-integrated system, the firm can now facilitate intraday trading and more efficient collateral management. This development marks a pivotal shift in how institutional-grade money market funds interact with distributed ledger technology. It effectively bridges the gap between legacy financial infrastructure and blockchain-based settlement, enhancing the utility of tokenized assets. For the broader RWA market, this approval signals a growing regulatory comfort with using on-chain assets for complex financial operations. The move underscores the increasing integration of tokenized government securities into mainstream institutional workflows.

#Tokenization #FranklinTempleton #FOBXX

blockchain.news·Aug 12, 20269.0

Active Strategies

Goldman Sachs, BNY Launch Tokenized Access to $7.1 Trillion Money Market Industry

Goldman Sachs and BNY Mellon have launched a collaborative system enabling institutional investors to purchase tokenized money market funds, targeting a $7.1 trillion industry. By recording ownership on Goldman’s blockchain platform, the initiative aims to eliminate traditional market frictions and enable real-time, efficient transactions. Major asset managers including BlackRock, Fidelity Investments, and Federated Hermes have joined as partners, alongside the asset management arms of the two banks. Unlike stablecoins, these tokenized funds provide yield, making them highly attractive for institutional cash management. Executives highlight that the digitized structure allows for direct transfers between intermediaries without the need for prior liquidation into cash. This capability enhances the utility of money market funds as collateral for trading activities and margin requirements. The project serves as foundational infrastructure for a 24/7 digital financial ecosystem, reflecting a broader shift toward blockchain-based financial plumbing. This development underscores growing institutional confidence in tokenizing traditional financial instruments to improve liquidity management and operational efficiency.

#Tokenization #InstitutionalFinance #GoldmanSachs

yellow.com·Aug 11, 20269.5

U.S. Treasuries

U.K. Asset Managers Progress Fund Tokenization

Major U.K. asset managers are rapidly adopting fund tokenization to enhance operational efficiency and distribution capabilities. Aviva Investors recently launched a tokenized share class for its US Dollar Liquidity Fund in partnership with Ripple, marking a regulatory first approved by the Central Bank of Ireland. Similarly, Schroders received approval from the Central Bank of Ireland to launch its 'Schroders Onchain Active Returns' fund, utilizing Kinexys by J.P. Morgan for smart contract-based redemptions. Legal & General Asset Management has also integrated its £50 billion liquidity fund suite into the Calastone Tokenised Distribution Network to streamline access. These developments signal a shift toward using tokenized money market funds as collateral in high-volume trading environments. By leveraging blockchain infrastructure, these firms aim to reduce idle liquidity and improve settlement times for institutional investors. This trend highlights the growing institutional focus on adapting established, regulated financial products to digital distribution channels.

#Blockchain #Tokenization #InstitutionalFinance

marketsmedia.com·Aug 11, 20268.5

U.S. Treasuries

BlackRock Expands Tokenized Money Market Funds Across Europe

BlackRock has expanded its tokenization strategy into Europe by introducing blockchain-based share classes for selected institutional money market funds. These funds, which held $311 billion in combined assets as of June 30, now offer institutional investors digital access while maintaining the underlying legal structure of traditional investment vehicles. The initiative utilizes the Ethereum blockchain to facilitate ownership transfers, supported by infrastructure provided by Kinexys and JPMorgan. This rollout encompasses 12 tokenized share classes across six liquidity fund groups, including Euro, Sterling, and US Dollar-denominated options. Approved institutional investors can now execute ownership transfers between digital wallets around the clock via smart contracts, though official shareholder registers remain unchanged. The products are initially available across 15 jurisdictions, including the UK, Germany, France, and Singapore. This move signifies a major step in integrating regulated fund exposure with blockchain infrastructure, potentially transforming corporate treasury operations and digital collateral management. By bridging traditional finance with digital assets, BlackRock continues to advance its long-term vision of tokenizing ETFs and private market investments.

#Ethereum #Tokenization #JPMorgan

analyticsinsight.net·Aug 11, 20269.5

U.S. Treasuries

JPMorgan Chase (JPM) Wins First Approved Tokenised Money Market Fund Mandate

JPMorgan Chase has officially transitioned its Kinexys blockchain platform from internal testing to live client deployment by supporting a new tokenized US dollar money market fund share class for Schroders. This milestone marks the first time a global asset manager has received regulatory approval to utilize JPMorgan's blockchain infrastructure for a tokenized fund product. By facilitating this integration, JPMorgan aims to enhance the efficiency and automation of institutional fund flows, moving beyond internal plumbing to provide external digital rails. The move represents a significant validation of JPMorgan's strategy to capture fee revenue from payments and asset management through proprietary blockchain technology. While the project demonstrates a successful commercial application of bank-grade digital infrastructure, it also highlights the ongoing competitive landscape against peers like Citigroup and Bank of America. The success of this initiative signals a broader industry shift toward integrating blockchain into traditional financial workflows to handle data-heavy applications. Ultimately, this deployment serves as a concrete proof-of-concept for the scalability of the Kinexys system within the global capital markets ecosystem.

#JPMorgan #Kinexys #TokenizedFunds

finance.yahoo.com·Aug 11, 20268.5

#MoneyMarketFunds

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