Galaxy Digital plans to launch a tokenized money market fund

ChainCatcher news, according to The Block, informed sources revealed that Galaxy Digital, a digital asset investment firm led by Mike Novogratz, is planning to launch a tokenized money market fund.

It is reported that the fund will debut in the coming months and will eventually be launched on the Ethereum, Solana, and Stellar blockchains. However, the fund may not be available on all three blockchain networks on the first day of its launch. Anchorage Digital will be the custodian for this new fund.