Uber Tests Tokenized Money Funds to Unlock 24/7 Trading Yield

Crypto Insight Summary: The ride-sharing giant used a tokenized money market fund to earn 1.5 days more yield on its investment by selling the assets on Sunday rather than Friday, as institutions traditionally do. Franklin Templeton, HSBC Holdings, and Fireblocks collaborated in this test. Uber Tests Weekend Trading In Tokenized Market Fund Investments Companies are turning to blockchain […] Crypto Insight Analysis: Direction: Bullish ETH / Bullish MKR / Neutral BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Tokenization of traditional assets boosts DeFi adoption, benefiting ETH and MKR as key players in the space.