I came across an interesting institutional update: Schroders, which manages around $1.1 trillion in assets, has brought its emerging market bond strategy to $SOL in partnership with Centrifuge—its first product deployment on Solana.
The structure is a feeder fund with on-chain shares, investing in underlying Schroders emerging market bonds. Investors hold tokenized shares in the feeder, whose net asset value tracks the fund’s NAV. Until now, on-chain fixed income has mostly meant cash and short-term bonds; this time, they’re bringing actively managed emerging market bonds on-chain directly, with a rather different risk-return profile.
In August this year, they secured approval in Ireland for tokenized shares in the SOAR USD money market fund. Now they’re taking another step onto a public blockchain. The sense that institutions are moving from “money market funds” toward more complex strategies is becoming even more pronounced. #RWA #Tokenization #Solana
The structure is a feeder fund with on-chain shares, investing in underlying Schroders emerging market bonds. Investors hold tokenized shares in the feeder, whose net asset value tracks the fund’s NAV. Until now, on-chain fixed income has mostly meant cash and short-term bonds; this time, they’re bringing actively managed emerging market bonds on-chain directly, with a rather different risk-return profile.
In August this year, they secured approval in Ireland for tokenized shares in the SOAR USD money market fund. Now they’re taking another step onto a public blockchain. The sense that institutions are moving from “money market funds” toward more complex strategies is becoming even more pronounced. #RWA #Tokenization #Solana
