Seen from a legal perspective, when is a non-fungible token just a harmless representation of an asset, and when is it about to become something else that might catch the attention of regulatory authorities and put demands and restrictions on the parties involved in the NFT? This is a question that more token issuers in […]
Ondo Finance today announced a novel token, OMMF, that allows global stablecoin holders to invest in tokenized exposure to US money market funds. OMMF will be purchasable and redeemable for one dollar and backed entirely by US government money market funds. Unlike traditional MMFs, OMMF will be globally transferable 24/7, on the Ethereum public blockchain, and compatible with on-chain financial infrastructure like […]