🏦 Another major Wall Street player is moving onchain.
Federated Hermes, managing $911B in assets, plans to launch its first tokenized fund share classes in early 2027.
The initiative could bring blockchain-based funds, potentially including money market funds, directly to traditional brokerage accounts.
Faster settlement, 24/7 asset movement and programmable investments are pushing tokenization beyond experimentation toward mainstream finance.
The RWA narrative keeps getting stronger.
#dyor #NFA✅
Federated Hermes, managing $911B in assets, plans to launch its first tokenized fund share classes in early 2027.
The initiative could bring blockchain-based funds, potentially including money market funds, directly to traditional brokerage accounts.
Faster settlement, 24/7 asset movement and programmable investments are pushing tokenization beyond experimentation toward mainstream finance.
The RWA narrative keeps getting stronger.
#dyor #NFA✅