Franklin Templeton CEO Jenny Johnson at the TOKEN2049 said that some tokenized funds are merely digital replicas of traditional products. Using BENJI as an example, she said its native on-chain registration model supports per-second interest accrual and reduces transaction costs.
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.
Spiko completes NEA-led 90000000 USD Series B financing, bringing total funding to 120000000 USD, while its tokenized cash fund AUM reaches 2700000000 USD。
Franklin Templeton includes tokenized money market fund shares in its Bybit Over-the-Counter Collateral Program, allowing users to borrow USDT or USDC for trading.