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Franklin Templeton executive discusses tokenization,AI and capital allocation, saying that tokenized money market funds have become standard offerings for many asset managers.
BlackRock Digital Assets Director Nikhil Sharma said at Token2049 that tokenized money market funds can be transferred directly as collateral, without redemption or waiting for cash to arrive.
[New Fundraising] Spiko Raises $90M Series B Led by NEA to Make Yield Universal Spiko is a French-regulated tokenization platform that issues UCITS-compliant money market funds, tokenizing risk-free assets such as U.S. Treasury bills into on-chain shares. Funds are held by an independent custodian bank and never sit on Spiko's balance sheet, ensuring a bankruptcy-remote structure. Source: https://www.businesswire.com/news/home/20261006901425/en/Spiko-Raises-%2490M-Series-B-Led-by-NEA-to-Make-Yield-Universal