Schroders, with $1.1 trillion in assets, is launching a token fund in Solana.
The British management company Shredders, together with Sarkezet, is giving a token to a bond fund for developing countries. This is the company's first project in the Solana network.
The fund invests in government and corporate bonds. Investors will receive token shares, and Centrifuge will provide the infrastructure.
The token asset market (RWA) has already reached $39 billion, of which $14 billion is in US Treasuries and money market funds.
Shredders expands the use of tokenization beyond traditional money market instruments.