Moody’s finds growing institutional demand for tokenized money market funds, citing benefits in liquidity, compliance and operational efficiency. Tokenized short-term funds, a new class of digital financial products bridging traditional and decentralized finance, have grown to reach $5.7 billion in assets since 2021, according to a new Moody’s report. The credit rating service sees growing interest from traditional asset managers, insurers, and brokerages looking to offer clients access between fiat and digital markets. “Tokenized short-term liquidity funds are a small but rapidly growing product,” notes a June 3 report shared with Cointelegraph. These funds, typically backed by US Treasurys or other low-risk assets, operate similarly to traditional money market funds but use blockchain to issue and manage fractional shares, enabling real-time settlement. Data from the Federal Reserve shows that US money market funds held approximately $7 trillion in total assets as of December 2024. Read more
Spotify has made a big move by signing the podcast Service95 Book Club, hosted by pop star Dua Lipa. Starting from 10 June 2025, Spotify will offer video episodes of the author interview series on its platform. The podcast features Dua Lipa, who is famous for songs like ‘One Kiss’ and ‘Levitating’. In the show, […]
ISLAMABAD: Prime Minister (PM) Muhammad Shehbaz Sharif has said that the people of Khyber Pakhtunkhwa (KP) made significant sacrifices in combating terrorism, assuring that the federal government would support the province until the threat is fully eliminated. Speaking at a jirga, the prime minister said that KP has been allocated Rs700 billion since 2010 under […]
Hollywood actor Chris Pratt has broken his silence on the fatal shooting of his ‘Parks and Recreation’ co-star Jonathan Joss. To Read Lifestyle Stories in Urdu – Click Here Joss, best known for playing Chief Ken Hotate in ‘Parks and Recreation’ and voicing ‘King of the Hill’ character John Redcorn, was fatally shot in Texas […]
За первые четыре месяца 2025 года в Украине зафиксировали 130 случаев буллинга. Это в среднем 32 протокола в месяц - на 15% больше, чем в 2021 году.Об этом сообщает «Первый Подробнее