Federated Hermes plans to issue 2027 tokenized fund shares early next year and partner with Prometheum to offer the products through traditional brokerages and financial adviser channels. The specific fund and blockchain have not been disclosed.
Brazilian regulated operator CSD BR has begun mirroring BTG certain fund unit ownership records from BTG Pactual to XRP Ledger, while the official registration, custody, and settlement records remain in its existing database.
ARK Invest will tokenize the fund interests of ARK Venture Fund’s fund, initially intending to issue them on Ethereum and explore daily NAV disclosures and on-chain trading.