An article published by Funds Europe, titled, "Schroders receives approval for tokenised money market fund," tells us, "Asset manager Schroders has received regulatory approval from the Central Bank of Ireland to launch its first tokenised share class of a US dollar money market fund. The Ireland-​domiciled fund, with a tokenised share class, Schroders Onchain Active Returns, will be managed by Neil Sutherland, head of US fixed income and portfolio manager at Schroders, supported by the firm'​s credit specialists." The piece explains, "The launch will use Kinexys by J.​P. Morgan'​s multi-​chain asset tokenisation platform, allowing investors to execute redemptions and transfers through blockchain-​based smart contracts. Schroders said the technology is designed to improve the mobility of money market fund shares beyond traditional transfer systems while enabling secure and transparent transactions between clients. The firm said the tokenised structure could also support future applications, including the use of fund shares as collateral as well as round-​the-​clock treasury and liquidity management. Kara Kennedy of J.​P. Morgan'​s Kinexyx comments, "Tokenised financial infrastructure is no longer theoretical; it'​s restructuring liquidity, settlement and digital asset workflows at increasing speed. As demand for tokenised assets grows, tokenised money market funds can help meet investor needs while introducing new features enabled by blockchain technology." Schroders CFO Meagen Burnett adds, "By combining money market investments with the benefits of distributed ledger technology, we are offering investors a new level of access, efficiency and security. This milestone is a testament to our commitment to developing world-​class solutions that meet the evolving needs of investors in the digital age, and is a pivotal …