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Schroders Advances Digital Asset Strategy With Tokenised Share Class Approval
['Europawire Pr Editor', 'Posted On']
EuropaWire
(IN BRIEF) Schroders has received approval from the Central Bank of Ireland for its first tokenised share class of a U.S. dollar money market fund.
The tokenised share class, called SOAR — Schroders Onchain Active Returns, will be supported by Kinexys by J.P. Morgan through its multi-chain asset tokenisation platform.
The launch is designed to meet growing client demand for digital asset solutions while supporting enhanced operational efficiency in investment fund infrastructure.
The tokenised share class will be supported by Kinexys by J.P. Morgan, using its multi-chain asset tokenisation platform.
Through the regulatory approval of its first tokenised share class, Schroders is advancing its digital asset strategy and expanding the use of blockchain-enabled infrastructure in traditional investment products.