Who’s the latest large asset manager diving into tokenization?

With $360B AUM, they’re following in the footsteps of BlackRock, Fidelity International, and Franklin Templeton.

This week’s onchain finance news ↓

1️⃣ Asset manager Janus Henderson explores securities tokenization

Janus Henderson is assuming the management of the Web3-native Anemoy fund. Anemoy is planning a second onchain fund, investing in music-based intellectual property.

https://t.co/8yMlQSBGu8

2️⃣ Fireblocks and Chainlink to provide solution for institutions to issue and transact regulated stablecoins

“Stablecoins are driving innovation in financial markets, and issuers need a comprehensive solution—from reserves to issuance, distribution, custody, and compliance—that offers full visibility, including across multiple chains,” stated @FireblocksHQ‘s Stephen Richardson.

https://t.co/DnLazRMi6l

3️⃣ 41 institutions join BIS tokenized cross-border payment Project Agorá

Participants include BNY, Citi, Euroclear, HSBC, JPMorgan Chase, Mastercard, SIX Digital Exchange (SDX), Swift, Sygnum Bank, and more.

https://t.co/jlQHxUNjKD

4️⃣ DBS Bank plans to offer over-the-counter (OTC) cryptocurrency option trading and structured notes

“Professional investors are increasingly allocating to digital assets in their portfolios,” said Jacky Tai, Group Head of Trading and Structuring, Global Financial Markets, DBS.

https://t.co/85vlvxuYCZ

5️⃣ UAE’s RAKBANK uses mBridge wholesale CBDC solution for Chinese payment

“It’s one of the first UAE-led foreign currency transfers executed in local currencies without involving a third currency to China and without using conventional payment rails,” said Vikas Suri of RAKBANK.