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Federated Hermes Forms Alliance With Singapore-Based Conduit Digital Holdings Over Launch Of Regulator Tokenized Distribution Structure In Asia-Pacific

Benzinga·09/01/2026 20:25:16
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Federated Hermes, Inc. (NYSE:FHI), a global leader in active investing, today announced a strategic alliance with Singapore-based Conduit Digital Holdings Pte Ltd, part of the Conduit Group, to support the launch of a regulated tokenized distribution structure in APAC. Under this arrangement, the Conduit-managed investment fund will invest in the Federated Hermes Short-Term U.S. Prime Fund. Shares of the Conduit fund, which provide exposure to the underlying Federated Hermes fund, will then be tokenized and offered to institutional and wholesale investors, in APAC.