Tokenized Funds Hit $5.7B as Demand Surges

Tokenized short-term funds have reached $5.7 billion in assets, driven by institutional demand for liquidity, compliance, and operational efficiency, Moody’s reports. Led by BlackRock and Franklin Templeton, these blockchain-based products offer real-time settlement and yield opportunities. Moody’s expects further growth as asset managers adopt tokenization for client cash-sweep solutions.