Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock’s...

Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock’s BUIDL Success: Sources

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Source: Coindesk.com

Coinbase Asset Management is creating a tokenized money-market fund, according to four people familiar with the plan. Tokenization of real-world assets is a hot corner of crypto. BlackRock's tokenized U.S. Treasuries fund quickly grabbed $500 million of assets this year.

Read More https://www.coindesk.com/business/2024/07/24/coinbase-asset-management-plans-tokenized-money-market-fund-a-hot-area-after-blackrocks-buidl-success-sources/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock's BUIDL Success: Sources" appeared first here Coindesk.com.

Source: Coindesk.com

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