The feature aims to enhance the mobility of the money market fund beyond traditional systems for future use cases in collateralisation, treasury and liquidity management.
Schroders has received regulatory approval for its first tokenised share class of a US dollar money market fund amid the firm’s focus on developing digital investment solutions for its clients. The fund will be supported by Kinexys by JPMorgan’s multi-chain asset tokenisation platform The UK asset manager has secured the green light from the Central Bank of Ireland to launch the fund with a tokenised share - Schroders Onchain Active Returns (SOAR) - aiming to meet growing client