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Asset manager Fasanara Capital launches tokenized money market fund FAST

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2025-01-23 18:53:04
Fasanara Capital, a UK-based asset manager, has announced the launch of FAST, a tokenized money market fund based on the Polygon blockchain. The fund will focus on the crypto industry and target stablecoin issuers, DeFi repositories, and crypto funds.
Fasanara plans to offer a 4.7% return and the fund portfolio will include Treasury bonds, long-term Treasury bonds, other money market funds and commercial paper.