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Federated Hermes joins Wall Street's tokenization push with plans for first onchain fund shares

Co
CoinDesk
By Krisztian Sandor
10/13/2026, 11:56:04 AM
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Federated Hermes joins Wall Street's tokenization push with plans for first onchain fund shares
EXECUTIVE SUMMARY

The $911 billion Pittsburgh-based asset manager is teaming up with Prometheum to bring blockchain-based share classes of its funds to traditional brokerage accounts.

Key Takeaways

  • Federated Hermes joins Wall Street's tokenization push with plans for first onchain fund shares.
  • The $911 billion Pittsburgh-based asset manager is teaming up with Prometheum to bring blockchain-based share classes of its funds to traditional brokerage accounts.
  • The $911 billion Pittsburgh-based asset manager is teaming up with Prometheum to bring blockchain-based share classes of its funds to traditional brokerage accounts.

The $911 billion Pittsburgh-based asset manager is teaming up with Prometheum to bring blockchain-based share classes of its funds to traditional brokerage accounts.

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