Singapore’s DBS Bank has signed an MOU with Franklin Templeton and Ripple to list tokenized money market fund on DBS Digital Exchange. Announced on Thursday, the partnership will offer accredited and institutional investors with trading and lending solutions. The services will leverage tokenised money market funds on the XRP Ledger blockchain and Ripple’s RLUSD stablecoin. Further, DBS said that it will list Franklin Templeton’s sgBENJI token and RLUSD on its exchange. The listing will “enable clients to ...

RT Token Terminal 📊 (@tokenterminal)🏦⛓️ @Fidelity's tokenized money market fund on @ethereum surpasses $200 million in supply.Fidelity is a private company with ~$6.4 trillion in assets under management.The serviceable available market (SAM) for asset tokenization is bigger than many realize. https://t.co/QOMrfSOrkh ...

RT Token Terminal 📊 (@tokenterminal)🏦⛓️ ICYMI: @Fidelity's tokenized money market fund on @ethereum surpasses $200 million in supply.Fidelity is a private company with ~$6.4 trillion in assets under management.The serviceable available market (SAM) for asset tokenization is bigger than many realize. https://t.co/90ud3egcyA ...

RT Token Terminal 📊 (@tokenterminal)"Asset tokenization" is just getting started:https://t.co/9mwkUc8k21 ...

"Asset tokenization" is just getting started:https://t.co/9mwkUc8k21 ...

Core Viewpoint - Above Food Ingredients Inc. is progressing with its proposed merger with Palm Global Technologies Limited, with nearly 90% of Palm Global shareholders expressing support for the transaction [2][5][6] Group 1: Merger Details - The merger is expected to create significant shareholder value, with integration efforts already yielding results in trade discussions across key markets [7] - Palm Global has received unanimous support from nearly 90% of its shareholders for the merger, as confirmed by Chairman Peter Knez [5][6] - The audit by CBIZ CPA is anticipated to be completed within four to six weeks, ahead of the Nasdaq's 180-day requirement [3][4] Group 2: Financial Implications - The merger is projected to unlock multi-billion-dollar, high-margin annualized revenues through an extensive pipeline of food trade deals [7] - Palm Global's 30% stake in Palm Promax Investments is expected to add over $100 billion in net assets to the balance sheet [11] - The partnership with Promax United positions Palm Global as a leader in stablecoin issuance and central bank digital currency frameworks, with commitments from 15 African nations [10] Group 3: Strategic Vision - The merger is seen as a catalyst for transforming global finance through the tokenization of real-world assets, which is expected to surpass the impact of ETFs [12] - Palm Global is strategically positioned with access to multi-trillion-dollar sovereign-backed assets and a scalable blockchain infrastructure [13] - The addition of prominent figures to the Board of Above Food is expected to enhance the company's influence in key markets [14]