Federated Hermes, Prometheum Plan Onchain Funds for Q1 2027

TL;DR Federated Hermes and Prometheum plan to launch tokenized fund shares through regulated U.S. brokerage infrastructure, with the first product expected in Q1 2027. Prometheum will provide issuance, distribution, custody, clearing and settlement through its SEC-registered, FINRA-member broker-dealer network, while Federated Hermes supplies investment-management expertise. The firms have not yet identified the first fund or ... Read more

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Economy.