Uber Tests Tokenized Money Funds to Unlock 24/7 Trading Yield

The Quick Take
The ride-sharing giant used a tokenized money market fund to earn 1.5 days more yield on its investment by selling the assets on Sunday rather than Friday, as institutions traditionally do. Franklin Templeton, HSBC Holdings, and Fireblocks collaborated in this test. Uber Tests Weekend Trading In Tokenized Market Fund Investments Companies are turning to blockchain […]
Ground Level News aggregates headlines from public feeds. This page shows a short summary only; the full article and all rights belong to Bitcoin News.
Related
Markets
TWO Perlier Mini Hand Cream 10-Piece Set as low as $14.95 each, shipped! {Today Only}
Today only, HSN has this Perlier Mini Hand Cream 10 Piece Set for only $24.95 shipped! These are great gift ideas at only $2.49 each! Even better, as a new…
Markets
Binance Details $6.3B Hot-Wallet Breach as Exchange Pledges to Cover Losses
The company reported approximately $3 billion of affected assets frozen on-chain through coordination with issuers, investigators and other industry
Markets
Senegal’s Ambitious Plan to Slash Electricity Costs and Boost Energy Security
The government of Senegal has ambitious energy diversification aims, with plans to develop both the country’s oil and gas sector and grow its renewable energy…
Markets
