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

Josh1 min read

Uber Building FacadeThe 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 Investments Companies are turning to blockchain […]

Source: https://news.bitcoin.com/blockchain/uber-tests-tokenized-money-funds-to-unlock-24-7-trading-yield/

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