⚡ Uber Explores Blockchain-Powered Treasury Management with $HSBC.US and Franklin Templeton
Uber has taken part in a blockchain-based investment pilot, using HSBC’s tokenized deposits to purchase a tokenized money market fund offered by Franklin Templeton. The initiative enabled Uber to generate an additional 1.5 days of yield through weekend transactions, highlighting how blockchain technology could improve corporate treasury operations and investment efficiency
Uber has taken part in a blockchain-based investment pilot, using HSBC’s tokenized deposits to purchase a tokenized money market fund offered by Franklin Templeton. The initiative enabled Uber to generate an additional 1.5 days of yield through weekend transactions, highlighting how blockchain technology could improve corporate treasury operations and investment efficiency