News Formal

Coinbase potentially set to launch tokenized money-market fund following BlackRock's success

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Cryptocurrencies 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Coinbase's management arm, Coinbase Asset Management, is allegedly planning to launch its Real-World tokenized money-market fund, according to a new report on Wednesday.

CoinDesk report states that Coinbase Asset management is looking at launching Real-World Asset tokenized money fund. Coinbase Asset Management allegedly secured a partnership with Apex Group to help with the launch. BlackRock's BUIDL token has garnered attention towards tokenization following its $500 million success. Coinbase's management arm, Coinbase Asset Management, is allegedly planning to launch its Real-World tokenized money-market fund, according to a new report on Wednesday.

Coinbase has been shifting towards the launch of a tokenized asset since 2023 after the company received the go-ahead to store TradFi assets on-chain in Abu Dhabi. However, this new move may result from BlackRock's quick success following the launch of its BUIDL token. The asset manager saw its tokenized asset BUIDL fund hit a market value above $500 million after surpassing Franklin Templeton's FOBXX token.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 14. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock's BUIDL Success: SourcesIan Allison is an award-winning senior reporter at CoinDesk. He holds ETH.
출처: CoinDesk - 🏆 291. / 63 더 많은 것을 읽으십시오 »