Odaily Planet Daily reports that Northern Trust, a $1.4 trillion asset management giant in traditional finance, has announced the launch of a tokenized share class (Tokenized Money Market Share Class) for its NIF Treasury Instruments Portfolio, which invests in diversified U.S. short-term government debt instruments. This marks its official entry into the digital asset market. The tokenized shares serve as a blockchain “mirror record” for institutional-level shares, digitizing holdings through blockchain technology. Initially, they will be available to investment clients on LiquidityDirect, a platform under Bank of New York Mellon in New York. (Businesswire)
(Note: Tokenized money market share class generally refers to a share class in a tokenized money market fund designated for specific investor groups or trading methods, issued and managed as tokens on the blockchain.)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Globy Introduces Blockchain Ecosystem for Global Payments
The team behind Globy aims to develop a blockchain network designed specifically for digital payments and asset management. Unlike many blockchain platforms that focus primarily on decentralized finance or NFTs, Globy positions itself as a global transaction infrastructure.
The project plans to
Coinfomania47m ago
TRON Community Initiates v4.8.1 New Features Proposal Discussion, Proposing to Adjust SELFDESTRUCT Instruction Execution Behavior
The TRON community is discussing a v4.8.1 new feature proposal that plans to adjust the execution behavior and cost of the SELFDESTRUCT instruction to enhance compatibility with Ethereum's EIP-6780. The proposal suggests that the instruction will only delete contracts under specific conditions and will adjust energy consumption to 5000. Currently, the proposal remains in the community discussion phase.
GateNews55m ago
Gate Launches AI Model Routing Platform GateRouter, Supporting Unified API Calls to 25+ Leading Large Models
GateRouter was launched on March 13th, offering developers a unified platform for calling large models, supporting over 25 mainstream models. Users can access it through a single API, with the system intelligently matching models to reduce AI inference costs. Developers can quickly connect and manage APIs, and a pay-as-you-go billing mode will be introduced in the future.
GateNews58m ago
Vitalik wrote a proposal teaching you how to secretly use AI large language models
Vitalik recently proposed "ZK API Usage Credits" with the Ethereum Foundation, aimed at leveraging zero-knowledge proofs to enable anonymous calls to AI models and protect user privacy. While this proposal has faced scrutiny, it reflects rising privacy demands. He believes Ethereum can serve as an immutable data layer to meet the urgent needs for privacy and verification in the AI era.
PANews1h ago
Synthetix Releases 2026 Roadmap, All Trading Revenue Used for SNX Buybacks and sUSD
Synthetix released its 2026 roadmap plan on March 13, aiming to establish itself as a perpetual futures trading platform on the Ethereum mainnet. This includes buybacks of SNX and sUSD, the launch of multi-collateral capabilities and commodities markets, and a gradual transition of sUSD into a decentralized stablecoin. Additionally, Synthetix will host trading competitions and improve order functionalities.
GateNews1h ago
