Topic Archive

#money market funds

3 Stories Found

Coins•Oct 31, 2026

Uber Tests Idle Cash Tokenization With HSBC and Franklin Templeton

Key Highlights A corporate treasury pilot tested tokenized shares in Franklin Templeton’s money market fund alongside tokenized HSBC commercial bank deposits on blockchain infrastructure. The initiative utilized delivery-versus-payment (DvP) mechanisms to settle investments and cash simultaneously, eliminating settlement lag and counterparty exposure. Ride-hailing giant Uber participated in the trial, evaluating the technology to enhance yield ...

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Coins•Oct 31, 2026

Uber Tests Tokenization With HSBC and Franklin Templeton to Put Idle Cash to Work

Key Highlights: A new blockchain pilot successfully demonstrated the integration of tokenized money market fund shares from Franklin Templeton with tokenized HSBC bank deposits. The trial utilized delivery-versus-payment settlement, allowing investments and payments to execute synchronously on the same network to eliminate settlement risk. Uber tested the architecture to explore continuous, 24/7 corporate liquidity management, ...

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Coins•Oct 13, 2026

Federated Hermes Joins Wall Street Tokenization Push With Plans for First Onchain Fund Shares

Key Highlights Federated Hermes is shifting to directly issue tokenized fund share classes in-house, moving beyond earlier third-party partnerships. The asset manager plans to target its substantial liquidity-management division first, utilizing money market funds as the initial proving ground. Wall Street’s broader tokenization push includes giants such as BlackRock, Franklin Templeton, JPMorgan, and New York ...

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