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Shinhan Brings Tokenized Fund Innovation to Solana Blockchain

Guavy AI Editorial Team
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SOL
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Shinhan Asset Management is collaborating with Solana, Etherfuse, and Orca to develop a proof-of-concept for a Korean won (KRW)-denominated tokenized fund on the Solana blockchain.

The project follows in the footsteps of BlackRock's BUIDL fund and aims to provide institutional investors with access to KRW-denominated investments through tokenization.

Shinhan has entered into a four-party agreement with the Solana Foundation, Etherfuse, and Orca to create this innovative financial product.

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