Key Takeaways: Shinhan Asset Management is also creating a KRW-stablecoin-based tokenized fund on the Solana blockchain. The project follows Bla | Bitget crypto news!
- Shinhan Asset Management is developing a KRW-stablecoin-based tokenized fund on the Solana blockchain, mirroring BlackRock's BUIDL fund model.
- The initiative involves a partnership with Solana Foundation, Etherfuse, and Orca to build infrastructure and test the entire lifecycle of a tokenized fund ahead of South Korea's STO framework implementation.
- This project highlights Solana's growing role in institutional tokenization and the increasing global competition in the tokenized asset market.
Topics: Asset types, Infrastructure providers, Institutional adoption, Stablecoins digital cash, Tokenization platforms, Asset manager initiatives
Tags: #shinhanassetmanagement #solana #krwtokenizedfund #institutionalinvestors #stoframework #blackrockbuidlfund #etherfuse #orca #proofofconcept #onchainliquidity
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