Tokenization Is 'Mutual Fund 3.0,' Bank of America (BAC) Says

Tokenization Is 'Mutual Fund 3.0,' Bank of America (BAC) Says

Bank of America (BAC) sees tokenization, the creation of a virtual investment vehicle on the blockchain linked to a tangible asset, as the next phase in the evolution of investment products, describing it as “mutual fund 3.0,” the Wall Street bank said in a Friday report.Just as mutual funds first emerged in 1924 and exchange-traded funds (ETFs) reshaped investing in the 2000s, blockchain technology could underpin a new generation of financial v…

Tokenisatie Is 'Beleggingsfonds 3.0,' Zegt Bank of America (BAC)

Tokenisering Is 'Beleggingsfonds 3.0,' Zegt Bank of America Getokeniseerde geldmarktfondsen worden naar verwachting vooropgesteld in de adoptie …