Goldman Sachs will buy active ETF provider Innovator Capital Management in a cash-and-stock transaction valued at about $2 billion, the firm announced Monday. The move bolsters Goldman’s push into the fast-growing ETF sector and expands its product and distribution capabilities.
Amundi has launched the first on-chain tokenized euro money market fund, offering investors a choice between a traditional fund structure and an Ethereum-recorded tokenized version. The hybrid rollout aims to bridge conventional asset management with blockchain settlement rails.
Japan's largest asset managers are preparing to launch crypto investment trusts as regulators finalize sweeping digital asset rules slated for 2026. The moves aim to position firms for a more compliant, institutional-friendly market structure.
Six leading Japanese asset managers led by Nomura and SBI are preparing to launch the country's first regulated crypto investment trusts as the Financial Services Agency edges closer to granting approval.
Calastone announced it will use Polygon's blockchain to tokenize and distribute fund share classes onchain, marking a notable step in asset management digitalization. The move aims to harness blockchain efficiency and security to modernize fund distribution.
Calastone has partnered with Polygon to use its blockchain for tokenized fund distribution, aiming to streamline settlement and reconciliation for asset managers worldwide. The move could cut friction and costs for cross-border fund flows.
Franklin Templeton has expanded its Benji tokenization platform onto Canton Network to issue and settle regulated tokenized fund shares, building on its FOBXX fund that has operated since 2021. Canton says its chain processes about $6 trillion in tokenized assets, underscoring institutional scale.