Citi and Fidelity Announce Tokenized Money Market Fund Launch at Singapore FinTech Festival

By Yahoo! Finance | Nov 5, 2024 at 03:09 AM EST

Citi and Fidelity International unveil a groundbreaking tokenized money market fund project at the Singapore FinTech Festival, embedding foreign exchange swaps on the blockchain. This initiative modernizes money market funds, enhancing transparency and efficiency, and aligns with MAS's Project Guardian for asset tokenization.

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