Daily Market Updates: Federated Hermes plans onchain fund share classes via Prometheum

Crypto

Home›Crypto›Market Structure›Federated Hermes plans onchain fund share classes via…

Federated Hermes plans onchain fund share classes via Prometheum

Reported · Written up by our desk · Market Structure

CoinDesk reports that Federated Hermes is joining Wall Street’s tokenization push with plans to issue blockchain-based share classes of its funds.

The Pittsburgh-based asset manager, which oversees $911 billion, is teaming up with Prometheum to route those onchain share classes into traditional brokerage accounts.

← Newer storyIMF upgrades UK growth forecast for 2026 despite persistent risks Older story →Great American sues Sentinel over cost-sharing in spa injury case

More like this

CryptoBitcoin exchange supply fell as price held near $83,485

CryptoMNX launches futures tied to AI lab IPOs and revenue estimates

CryptoBitcoin dips below $81,000 before buyers step in

CryptoMezo sets Oct. 13 deadline for bridging out swBTC and USDe

CryptoTrezor ends reseller authorizations after Ledger flags a wallet implant

Sources

CoinDeskFederated Hermes joins Wall Street's tokenization push with plans for first onchain fund shares

Crypto

Federated Hermes plans onchain fund share classes via Prometheum

More like this

Sources

Get the close, explained.