Tokenized money market funds: institutional capital’s first mainstream foray into blockchain technology

Written by Timo Lehes from Swarm

The jury is still out as to whether all crypto assets, minus Bitcoin, will be classed as securities or not, as defined by US regulation. But there is no doubt that money market funds fall under the SEC’s purview and traditional financial institutions are rushing to tokenize them. The imminent approval of a Bitcoin ETF in the US has renewed positive inve…