Summary
- CoinDesk reported that Galaxy Digital is preparing to launch a tokenized money market fund based on Ethereum(ETH) and Solana(SOL).
- It said investors may be able to trade 24 hours, have global accessibility, and be provided with collateral usage features within the cryptoasset ecosystem.
- Galaxy Digital declined to make an official comment on the plan.
On the 16th (local time), cryptoasset(cryptocurrency) specialist media CoinDesk reported, citing an anonymous source, that Galaxy Digital(Galaxy Digital) is preparing to launch a tokenized money market fund.
The fund is expected to operate on the Ethereum(ETH), Solana(SOL), and Stellar Lumens(XLM) blockchains.
Investors will be able to trade 24 hours on the blockchain and are expected to be provided with global accessibility and collateral usage features within the cryptoasset ecosystem.
However, Galaxy Digital declined to make an official comment on the plan.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
