According to Foresight News, stablecoin issuer Circle plans to incorporate its recently acquired Hashnote tokenized money market fund under Bermuda’s regulatory framework. This move will align the fund with Circle’s existing Digital Assets Business Act (DABA) license. Data from rwa.xyz indicates that Hashnote has issued one of the largest tokenized money market funds, USYC, which manages nearly $1 billion in assets. Read More (Note: This news is imported from Binance news)
Circle to Integrate Hashnote Tokenized Fund Under Bermuda Regulation (imported from Binance News)
According to Foresight News, stablecoin issuer Circle plans to incorporate its recently acquired Hashnote tokenized money market fund under Bermuda's regulatory framework. This move will align the fund with Circle's existing Digital Assets Business Act (DABA) license. Data from rwa.xyz indicates that Hashnote has issued one of the largest tokenized money market funds, USYC, which manages nearly $1 billion in assets.
