DeFi· ★★★· bullish·

Generali Investments launches tokenized share class for money market fund

  • —Tokenized share class is linked to a Luxembourg money market fund
  • —Access restricted to authorized Generali Group companies only
  • —Generali Investments manages €759 billion in assets as of June 30
  • —Tokenized RWA market grew to $39 billion by September
Why it matters: A major European asset manager joins BlackRock and Franklin Templeton in tokenizing money market funds, broadening the RWA base for on-chain finance.
Source: Cryptoast