Ceffu, a well-known institutional digital asset custody entity, is expanding its custody support. In this respect, Ceffu is now offering custody support for the tokenized U.S. government money market fund of Franklin Templeton, a prominent investment management firm. As per Ceffu’s official press release, the integration improves institutional access to a leading money market fund on-chain. Hence, by incorporating protected custody infrastructure, the platform lets institutions confidently hold tokenized real-world assets .
Ceffu Unveiling Custody Support for U.S. Government Money Market Fund
Ceffu’s integration of the tokenized U.S. government money market fund of Franklin Templeton expands its custody support services. The development highlights the rising significance of blockchain-enabled and regulated financial instruments within the institutional workflows. In this respect, Franklin Templeton’s fund denotes a tokenized share class comprising conventional U.S. government money market fund. It digitally represents cash-backed shares, U.S. government securities, and completely collateralized repurchase contracts.
Apart from that, the cutting-edge infrastructure that Ceffu provides now backs custody of exclusive tokenized assets, guaranteeing their secure holding and management for institutions within the platform. The integration also underscores the commitment of Ceffu to establishing institutional-level and compliant infrastructure for on-chain RWA tokens. Additionally, with seamless integration into robust institutional workflows, the platform fortifies the connection between digital asset networks and conventional finance.
At the moment, there is a great demand for tokenized money market funds within the rapidly evolving liquidity management infrastructure. Institutional players prefer them by merging the blockchain technology’s efficiency and the stability of conventional instruments. Unlike the legacy funds, which work within restricted settlement settings, tokenized funds provide 24/7 liquidity, programmable yield dissemination, and rapid settlement. This innovation delivers greater transparency and flexibility for institutions in capital management.
Unlocking Complete RWA Utility On-Chain Alongside Institutional-Level Security
Keeping this in view, Ceffu deems this custody support expansion as a key move to let institutions securely access compliant assets within institutional-level governance. For consumers, this unlocks the capability of effective capital deployment without shift of assets off-platform. Ultimately, the move is a further step in the company’s objective of unlocking the complete utility of RWAs on-chain while guaranteeing institutional-grade reliability, security, and compliance.