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Shinhan Asset Management and Plume launch tokenized bond fund pilot

The pilot will use a Korean won-denominated ultra-short-term bond fund as the underlying asset for the tokenized product.

Reported · Written up by our desk · Market Structure

Shinhan Asset Management is partnering with Plume to run a tokenized fund pilot, according to Cointelegraph.

The test will be built around a Korean won-denominated ultra-short-term bond fund, with that fund serving as the underlying asset.

The collaboration is focused on trialing how a tokenized fund structure could work in practice using the ultra-short-term bond exposure.

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