/PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced a strategic alliance with Singapore-based Conduit...
- Federated Hermes has formed a strategic alliance with Conduit Digital Holdings to launch a regulated tokenized money market fund in the Asia Pacific region.
- The fund will offer institutional and wholesale investors tokenized shares providing exposure to the Federated Hermes Short-Term U.S. Prime Fund, leveraging Conduit's tokenization capabilities.
- This initiative signifies Federated Hermes' commitment to expanding its digital asset offerings in APAC and exploring on-chain distribution opportunities for enhanced flexibility and accessibility.
Topics: Asset types, Institutional adoption, Integration with defi, Financial instruments, Asset manager initiatives, On chain treasury management
Tags: #federatedhermes #conduitdigitalholdings #tokenizedmoneymarketfund #apac #institutionalinvestors #digitalassets #cashmanagement #onchaintreasurymanagement #masregulated #realworldassets
No comments:
Post a Comment