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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.
Federated Hermes plans to launch its first on-chain fund shares early 2027 next year and, in partnership with Prometheum, introduce them into traditional brokerage accounts and financial adviser channels.
JPMorgan Asset Management plans to increase its European assets under management over the next 5 years from 1000000000000 USD to 2000000000000 USD, with active ETF exchange-traded funds, alternative assets, and wealth management partnerships as growth priorities.