Cryptocurrency firm Copper says it intends to offer clients secure custody and trading of tokenized money market funds such as BlackRock's BUIDL. The company has signed new partnerships with major players in the tokenization space, including Securitize, Franklin Templeton, Ondo and Hashnote. Securitize is the transfer agent and tokenization platform for BlackRock's U.S. Dollar Institutional Digital Liquidity Fund, which is issued on the Ethereum blockchain and represented by the blockchain-based BUIDL token. If the Federal Reserve does end up keeping interest rates high for an extended period of time, these tokenized money market funds could boost returns for derivatives market participants, who would earn income from the collateral they post to counterparties, said Amar Kuchinad, global CEO of Copper. (Coindesk)