- CoinDesk reported that Galaxy Digital plans to launch a tokenized money market fund (MMF).
- The fund is said to be tradable on the Ethereum (ETH), Solana (SOL), and Stellar (XLM) blockchains.
- The source highlighted the provision of immediate liquidity through tokenization and the potential for further innovation.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Galaxy Digital plans to introduce a tokenized money market fund (MMF).
On the 17th (local time), CoinDesk reported, citing well-informed sources, that Galaxy Digital is set to launch a tokenized money market fund. The new fund will be tradable on the Ethereum (ETH), Solana (SOL), and Stellar (XLM) blockchains and is expected to launch within several months.
A source who requested anonymity said, "Galaxy Digital will provide immediate liquidity through tokenization," adding, "more innovation is expected to follow."
![[Today's Key Economic & Cryptocurrency Schedule] US November Nonfarm Payrolls etc.](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
![[New York Stock Market Briefing] Closed lower on AI concerns… Broadcom plunged in the 5% range](https://media.bloomingbit.io/PROD/news/b07399a5-fad3-4406-971e-042ab70ad61d.webp?w=250)
