Federated Hermes joins Wall Street's tokenization push with plans for first onchain fund shares
The $911 billion Pittsburgh-based asset manager is teaming up with Prometheum to bring blockchain-based share classes of its funds to traditional brokerage accounts.
Key Takeaways
- The $911 billion Pittsburgh-based asset manager is teaming up with Prometheum to bring blockchain-based share classes of its funds to traditional brokerage accounts.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Bitcoin Price Recovery Stalls as $84,000 Resistance Holds Firm
Bitcoin’s price stands at $83,266 on Tuesday, Oct. 13, 2026, at 8:30 a.m. Eastern time, as buyers attempt to preserve a recovery from recent lows near $80,000. Despite 10 of 15 moving averages registering bullish signals, shorter-term resistance between…
Morning Minute: Bitcoin Gets Spooked as ‘Uptober’ Lets Down
Crypto majors are red, alts are down bad and onchain is facing capitulation. This was not the ‘Uptober’ that was promised…
10 Cryptos to Buy Under $1 in October 2026
The crypto market has expanded dramatically from its early days, when many digital assets traded for only fractions of a dollar. Today, established assets such as Bitcoin, which is priced at $85,917.03 after starting at mere cents, and Ethereum, trading at…