Odaily Planet Daily reports that Northern Trust, a $1.4 trillion asset management giant in traditional finance, has announced the launch of a tokenized share class (Tokenized Money Market Share Class) for its NIF Treasury Instruments Portfolio, which invests in diversified U.S. short-term government debt instruments. This marks its official entry into the digital asset market. The tokenized shares serve as a blockchain “mirror record” for institutional-level shares, digitizing holdings through blockchain technology. Initially, they will be available to investment clients on LiquidityDirect, a platform under Bank of New York Mellon in New York. (Businesswire)
(Note: Tokenized money market share class generally refers to a share class in a tokenized money market fund designated for specific investor groups or trading methods, issued and managed as tokens on the blockchain.)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The Ethereum Foundation teamed up with Biconomy to launch ERC-8211: AI agents can handle multiple DeFi contract interactions in a single transaction
The Ethereum Foundation and Biconomy have teamed up to launch the ERC-8211 standard, enabling AI agents to dynamically execute multi-step DeFi actions within a single signed transaction, determining parameters in real time based on on-chain state and overcoming the static limitations of ERC-4337. This standard does not require a fork at the protocol layer, making it easier for developers to adopt and further accelerating the integration of AI and DeFi automation.
動區BlockTempo47m ago
Chaos Labs Exits Aave Role as Governance Dispute Deepens Ahead of V4
Chaos Labs is leaving Aave due to governance disagreements, marking a significant shift in the protocol's risk management approach. Founder Omer Goldberg cited unprofitability, recent departures of other major contributors, and fundamental misalignment on risk handling as reasons for the split.
CryptoNewsFlash51m ago
XRP Whales Accumulate as Ripple Executives Head to Key XRPL Event in Japan
XRP has gained 5% from a support level of $1.28 due to increased whale accumulation, with large holders now buying over 11 million XRP daily. Ripple executives are attending a significant XRPL event in Japan, though broader market sentiment remains cautious amid geopolitical tensions.
CryptoNewsFlash1h ago
Web3 Security Provider Certik Opens AI Auditing Tool Access to Global Developers
Certik has transitioned its AI auditor to a public-facing tool, achieving an 88.6% hit rate in identifying security vulnerabilities. This proactive system reduces false positives and integrates real-time threat intelligence, enhancing security in Web3 development environments.
Coinpedia3h ago
Solana Tests Quantum-Resistant Signatures but Encounters a Sharp Speed Penalty
Solana is collaborating with Project Eleven to develop quantum-resistant signatures, facing challenges with larger signature sizes and a 90% reduction in network speed. This raises concerns about balancing future security with current performance and scalability.
CryptoNewsFlash3h ago
