The Swiss bank is migrating fund administration services to Northern Trust.
Non-bank institutions are taking on a greater role in intermediating capital.
Private credit is evolving toward the pricing, data & market making infrastructure in established markets.
This extends regulated tokenised funds beyond cash management into actively managed fixed income.
Modern market infrastructure can bring established institutional products together with real-time settlement.
Clients can use tokenized money market funds as off-exchange collateral when trading on Bybit.
Christian Roth, global co-CIO at Northern Trust AM, discusses key themes shaping U.S. markets.
This streamlines OTC derivatives trading from price discovery through to execution.
Tokenized fund holders can exchange shares for RLUSD 24/7, unlocking additional onchain transfers.
