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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.

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Published in the last two hours. It maps to an active market topic.

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.

Why this matters

This maps to the Tokenization hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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