Plume And Shinhan Asset Management To Conduct Proof Of Concept For KRW-Denominated Tokenized Fund To Expand Onchain Capital Beyond Dollar Assets
Plume Network and Shinhan Asset Management have signed a memorandum of understanding to conduct a proof of idea for a South Korean won-denominated tokenized fund, marking a notable effort to introduce non-dollar institutional property into blockchain-based capital markets. The initiative will make the most of a fund linked to KRW ultra-short-term bonds as its underlying…
