Tokenized money market funds are moving beyond product launches. Stablecoin reserves, embedded distribution, treasury automation and collateral utility will determine which asset managers capture the market’s next wave of growth...
Deutsche Borse has invested $200 million in Payward Inc., the parent of crypto trading platform Kraken, as the Frankfurt stock exchange operator moves to offer access to a wider array of securities over blockchain rails. The deal, which gives Deutsche Börse a 1.5% fully diluted stake in the company.