London asset manager Schroders, which manages $1.1 trillion, has launched its Emerging Market Bonds strategy as a tokenized product on Solana. The firm partnered with Centrifuge to create the offering, which operates as a feeder fund with an onchain share class that tracks the underlying fund's net asset value. This marks Schroders' first use of the Solana blockchain.
The launch represents a shift toward tokenizing actively managed strategies beyond the money market funds that have dominated early blockchain adoption by traditional finance. Schroders previously received approval for a tokenized money market fund using J.P. Morgan's platform. Other major managers including Hamilton Lane and New York Life have also deployed tokenized products on Solana.
Read the full story on BSC News: Schroders Launches Tokenized Emerging Market Bond Fund on Solana via Centrifuge
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