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

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…
Read it in your languageMachine translation by Google of the publisher's page
More in Finance
From the blog
Bitcoin Eyes $78K as LIT Jumps 18% in Market Recovery
The cryptocurrency market stabilized following a recent sell-off, bringing Bitcoin closer to $78,000. Meanwhile, Lighter's LIT token surged 18% as…
Ripple Unlocks $1.25B in Tokens, Putting XRP Supply in Focus
Ripple unlocked one billion XRP tokens valued at $1.25 billion from escrow in its scheduled November release, drawing market attention…
Binance Resumes Withdrawals Following Recovery From $6.3B Hack
TLDR Binance withdrawals reopened in phases after its $6.3 billion security breach, with Bitcoin becoming the first network to reopen…









