Circle Enters Tokenization Race by Acquiring Hashnote, $1.3B Real-World Asset Issuer

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https://www.coindesk.com/business/2025/01/21/circle-enters-tokenization-race-by-acquiring-hashnote-usd1-3b-real-world-asset-issuer

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Circle acquires tokenized money market fund Hashnote

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Circle aims to integrate USYC with USDC, Circle’s flagship stablecoin, enabling convertibility between cash and yield-bearing collateral on blockchains, the press release said

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Tokenized RWAs like treasury bills and money market funds are quickly gaining traction among sophisticated investors and asset managers as collateral for trading

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