Northern Trust launches tokenized money market share class to officially enter the digital asset market

DeepFlowTech · 2026-03-02T15:00:55+00:00

Northern Trust recently announced the launch of a tokenized money market share class, marking its entry into the digital asset market. The product digitizes position registration through blockchain technology and is initially available to clients of the LiquidityDirect platform.

DeepFlowTech

2026-03-02 15:00:55

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Deep Tide TechFlow News: On March 2nd, according to Businesswire, traditional finance giant Northern Trust announced the launch of a tokenized share class (Tokenized Money Market Share Class) for its NIF Treasury Instruments Portfolio, a short-term U.S. government bond fund. This marks its official entry into the digital asset market. The tokenized shares are a blockchain “mirror record” of institutional shares, digitizing holdings through blockchain technology. In the initial phase, they will be available to investment clients on LiquidityDirect, a platform operated by Bank of New York Mellon.

(Note: Tokenized money market share class generally refers to a share class in a tokenized money market fund designated for specific investor groups or trading methods, issued and managed as tokens on the blockchain.)

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