ChainCatcher news, according to CoinDesk, sources revealed that Coinbase plans to launch a tokenized money market fund.In addition, Coinbase has partnered with financial services provider Apex Group to help drive the development of its tokenized fund.

ChainCatcher news, digital asset exchange, broker, and custodian Archax announced the provision of tokenized shares of BlackRock ICS U.S. Treasury Money Market Fund (MMF) in collaboration with the HBAR Foundation.It is reported that this is based on the tokenized access to the abrdn MMF created by Archax on the Hedera and Ethereum blockchains last year. The first tokenized stock transaction of the BlackRock MMF was also completed on the Ownera FinP2P digital asset network, which was also tokenized on Hedera.