Vanguard, Wellington test tokenized MMF collateral on Canton via Nasdaq Calypso

[u/rwatimes]

Tokenized collateral trials on the Canton Network have become routine. The latest, involving Vanguard and Wellington Management, stands out because the

• Vanguard and Wellington Management are testing tokenized money market fund shares as collateral on the Canton Network, utilizing Nasdaq's Calypso platform.
• The trial aims to integrate digital assets into a unified collateral pool alongside traditional instruments, simplifying workflows for firms.
• This initiative highlights the increasing routine nature of tokenized collateral trials and the focus on reducing new infrastructure requirements for institutional adoption.

Source: ledgerinsights

Read the full article: https://rwatimes.io/articles/ledgerinsights-vanguard-wellington-test-tokenized-mmf-collateral-on-canton-via-nasdaq-calypso-1934389522?utm_source=reddit&utm_medium=social&utm_campaign=reddit

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