Key Takeaways
- • Federated Hermes, which manages $911 billion according to Crypto Briefing, plans to issue its own tokenized fund shares on a blockchain, per a CoinDesk report dated October 13, with Prometheum running the broker side and settlement.
- • Money market funds are expected to be the first tokenized launch, with Crypto Briefing citing an early 2027 timeline.
- • Ether traded at $2,436.40, about 51% below its $4,953.73 record from August 2025, after Interactive Brokers began letting eligible clients stake ETH on October 13, per The Block.
- • SUI traded at $1.02, about 81% below its $5.35 high from January 2025, after Sui ran its first quantum-safe transaction on a test network on October 13, per The Crypto Times.
- • This article is a paid press release promoting the Pepeto presale; its claims about Pepeto, including a 100x projection, are promotional and unverified.
Summary
Federated Hermes, a firm managing $911 billion according to Crypto Briefing, plans to issue its own tokenized fund shares on a blockchain, CoinDesk reported on October 13. A tokenized share is a fund share held as a token on a chain. Prometheum, its partner, would run the broker side and settle trades. Money market funds are expected to launch first, with Crypto Briefing citing an early 2027 start.
On the broader market, the article reports that Ether fell 3.35% over 24 hours to $2,436.40 and SUI dropped 2.93%, according to CoinMarketCap. ETH trades about 51% below its $4,953.73 record from August 2025. On October 13, Interactive Brokers let eligible clients stake ETH, The Block reported. Blockchain.News marked $2,462.61 as support and $2,561.49 as resistance on October 14. SUI trades at $1.02, about 81% below its $5.35 high from January 2025. On October 13, Sui ran its first quantum-safe transaction on a test network, according to The Crypto Times, with a full launch targeted for early 2027. Blockchain.News cited support at $1.01 and targets of $1.24 and $1.30.
The article is a press release distributed through openPR and issued on behalf of Pepeto, a presale meme token. It promotes Pepeto's exchange, which it says charges no swap fee, and states that more than $11.1 million sits in the presale. The release also cites an analyst projection of 100x after a Binance listing, which it acknowledges carries no guarantee. Because the material is promotional and the presale and listing claims are not independently verified, readers should weigh it accordingly. The release's disclaimer advises independent analysis before committing capital.
On the broader market, the article reports that Ether fell 3.35% over 24 hours to $2,436.40 and SUI dropped 2.93%, according to CoinMarketCap. ETH trades about 51% below its $4,953.73 record from August 2025. On October 13, Interactive Brokers let eligible clients stake ETH, The Block reported. Blockchain.News marked $2,462.61 as support and $2,561.49 as resistance on October 14. SUI trades at $1.02, about 81% below its $5.35 high from January 2025. On October 13, Sui ran its first quantum-safe transaction on a test network, according to The Crypto Times, with a full launch targeted for early 2027. Blockchain.News cited support at $1.01 and targets of $1.24 and $1.30.
The article is a press release distributed through openPR and issued on behalf of Pepeto, a presale meme token. It promotes Pepeto's exchange, which it says charges no swap fee, and states that more than $11.1 million sits in the presale. The release also cites an analyst projection of 100x after a Binance listing, which it acknowledges carries no guarantee. Because the material is promotional and the presale and listing claims are not independently verified, readers should weigh it accordingly. The release's disclaimer advises independent analysis before committing capital.
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