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CryptoXTimes > Article > Crypto > Fasanara Capital Unveils Tokenized Money Market Fund on Polygon
CryptoNews

Fasanara Capital Unveils Tokenized Money Market Fund on Polygon

Fasanara launches tokenized money market fund on Polygon with partners.

Haider Ali
Last updated: January 21, 2025 6:51 pm
Haider Ali 5 months ago
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Fasanara Capital Unveils Tokenized Money Market Fund on Polygon

Fasanara Capital launched its money market fund on the Polygon blockchain from London on January 21, 2025.

Fasanara Money Market Fund Token (FAST) represents a major advance toward combining the strength of blockchain with established financial instruments. The Polygon Proof-of-Stake network powers FAST to merge traditional money market functions with blockchain’s enhanced performance and quick transaction processing.

Fasanara announced on January 21 that key industry partners chainlink apex group tokeny fireblocks worked together on this project.

Fasanara Fund Marks Shift to Tokenized Real-World Assets

Fasanara’s CEO, Francesco Filia, pointed out the fund is a breakthrough in investment funding. The FAST platform goes further than blockchain integration through its blend of traditional financial instruments with innovative tokenization capabilities, according to Filia. The fund tokenization service from Fasanara enables its users to invest better and faster.

Apex Group takes on the fund administration role to maintain compliance standards and operate effectively. The agency transfer operations for tokenized systems will be controlled by Tokeny, which operates as an on-chain finance infrastructure platform.

Fireblocks deliver digital asset protection by handling user keys and maintaining secured wallet infrastructure. Chainlink will serve as the provider of proof-of-reserve and data feed solutions to verify assets under management and bring cross-chain interoperability to FAST.

FAST’s launch follows a growing market practice of putting real-world assets on blockchain networks. Colin Butler at Polygon Labs explains why this innovation matters. He praised Fasanara’s partnership with Polygon PoS as proof that blockchain technology can transform traditional financial systems.

“By leveraging Polygon PoS scalable infrastructure, Fasanara is creating a pathway for real-time settlement, transparency, and broader accessibility in money market funds – benefits that are only possible through blockchain. This milestone marks another step forward in merging DeFi with established financial products, opening up new opportunities for investors globally.”

Modern finance now uses blockchain tools, while Fasanara’s tokenized money market fund shows us how to unite traditional investing with the new digital financial system.

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TAGGED: Chainlink, Francesco Filia, Polygon
By Haider Ali
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Haider Ali is a seasoned crypto journalist known for delivering insightful analysis and breaking news in the blockchain and cryptocurrency space. His work is featured in leading industry publications, earning him a reputation as a trusted voice in the crypto community.
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