$900 billion asset manager Federated Hermes taps crypto infrastructure to bring tokenized funds to brokerages
This partnership could accelerate the integration of blockchain in traditional finance, potentially reshaping investment accessibility and efficiency. The post $900 billion asset manager Federated Hermes taps crypto infrastructure to bring tokenized funds to brokerages appeared first on Crypto Briefing.
Federated Hermes, a $900 billion asset manager, is partnering with crypto infrastructure providers to bring tokenized funds to brokerages. The move signals growing institutional adoption of blockchain-based financial products, potentially improving investment accessibility and efficiency. While no specific tokens are named, the news supports the broader narrative of traditional finance integrating crypto rails, which could boost sentiment for tokenization-related assets.
