Citi, Fidelity Intl combine money market fund tokenization with FX swaps
Image by Ledger Insights As part of Singapore’s Project Guardian which explores tokenization, Citi and Fidelity International have developed a solution that combines a tokenized money market fund (MMF) with an embedded digital FX swap. Conventionally, if an institution outside of the United States wants to buy a US dollar MMF, that involves currency risks. They …
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