Franklin Templeton – one of the world’s largest global investment managers – has received approval from Luxembourg regulator Commission de Surveillance du Secteur Financier (CSSF) to launch the first fully tokenized UCITS (Undertakings for Collective Investment in Transferable Securities) fund of its kind in Luxembourg. Shares in the fund will be issued using Franklin’s proprietary […]
Original story published by Coindesk. State Street, the Boston-based banking and asset management giant, is moving forward with plans to tokenize bonds and money market funds as part of its digital asset strategy. However, the company has no immediate plans to issue a stablecoin or develop tokenized deposits, according to Donna Milrod, State Street’s Chief […]
HSBC has issued a HK$1 billion (US$128 million) digital note using distributed ledger technology (DLT), marking a significant milestone in the digitization of Hong Kong’s financial markets. The one-year bond, listed on the Hong Kong Stock Exchange (HKEX), is the first digital note issued by a Hong Kong company and the first under English law […]