News list for " fund token"
According to the Wall Street Journal, JPMorgan has completed a pilot tokenization of a private equity fund on its own blockchain network, marking an important step for the bank to advance its blockchain financial infrastructure. The project aims to enable on-chain representation and settlement of fund shares to enhance liquidity and transparency. JPMorgan Chase said it plans to formally launch an "alternative investment fund tokenization platform" in 2026 to provide institutional clients with on...
According to Assemble AI, according to the cooperation reached in Hong Kong's Cyberport, LINK, UBS, and DigiFT will cooperate to automate the tokenization of funds on the chain.
According to community circulation materials, GF Securities (Hong Kong) plans to launch a money fund-like token product called GF Token. The product is denominated in US dollars, the subscription starting point is 100,000 US dollars, and the daily yield is pegged to the interbank market base rate (SOFR) (the annualized interest rate of 4.3% is based on the SOFR on June 12, 2025, assuming no interest rate changes during the holding period). It supports daily redemption and realizes T + 0 receipt....
Speaking at the Digital Asset Summit in New York on Tuesday, Cathie Wood said: "We think tokenisation will be huge, and we would like to be able to tokenise either the venture fund [ARKVX] or the Digital Asset Revolution Fund." But analysts believe that while Cathie Wood is preparing to tokenise the Ark Invest fund, it faces obstacles from US regulations and regulations, which may cause the process to be put on hold.
Cathie Wood, CEO of Ark Invest, recently said that she hopes to tokenize some of the company's funds once the US regulatory environment allows, and believes that asset tokenization will be an important trend in the future. Wood mentioned Ark's Venture Fund (ARKVX) and Digital Asset Revolution Fund as potential tokenization targets at the Digital Asset Summit in New York. She said: "We think tokenization will be a huge...
The Depositary Trust and Clearing Corporation (DTCC), the world's largest securities settlement system, has completed a pilot project with blockchain oracle Chainlink (LINK) and several major U.S. Financial Institution Groups aimed at helping accelerate the tokenization of funds, according to a report released Thursday. The aim of the Smart NAV project is to establish a standardized process for introducing and disseminating fund net asset value (NAV) data on virtually all private or public block...
Hedera tokens have risen by 96% in the past 24 hours, influenced by news that Archax has added tokenized money market fund products on Hedera. The HBAR Foundation's announcement sparked widespread misunderstandings, with videos shared alongside the announcement appearing to show Ownera, Archax and BlackRock working together in the joint venture, which the HBAR Foundation claims "brings the world's largest asset manager on-chain". Chris O'Connor, founder of Cardano Ghost Fund DAO, said Bei...
DigiFT, a decentralized securities token exchange, has announced the launch of the US dollar money market fund token DMMF, designed specifically for investors seeking secure, stable, and profitable alternatives in the cryptocurrency field. This fund is managed by a mature licensed fund management company and invests in high-quality short-term money market instruments and debt securities, including government and corporate bonds, commercial paper, and deposits from qualified financial institution...
Chia Der Jiun, Managing Director of the Monetary Authority of Singapore, introduced some fund tokenization pilots during an event for asset managers as part of Project Guardian and MAS Global Layer 1 (GL1) tokenization programs. Chia Der Jiun emphasized the advantages of tokenization in real-time settlement and process automation, which can improve efficiency and achieve greater customization of funds.
The UK Treasury's Technical Working Group, the government's Department of Economy and Finance, has released a new report on potential use cases of fund tokenization. This report explores the use of tokens as collateral for money market funds and the potential role that tokenized funds may play in the on chain investment market. The report provides an overview of how the UK fund industry can effectively utilize the potential of tokenization for asset management, and details how companies operatin...
