Key Takeaways
- • HSBC made its first purchase of a tokenised money market fund, buying into Franklin Templeton's Benji fund with its own tokenised deposits through Ant's WhaleRTP treasury platform, according to Fintech Singapore (reported October 22).
- • The source article is a paid promotion for Pepeto, a meme coin presale that says it has raised over $11.2 million at $0.0000001902 per token. Its 160% APY staking figure is variable and not guaranteed, per the piece.
- • HBAR trades at $0.0794, about 85.86% below its September 2021 peak of $0.5701, per CoinMarketCap. Analyst Cilinix says HBAR must hold about 7.8 cents to avoid further downside, according to DailyCoin.
- • Sonic Labs said it will move about 13 million S tokens, worth about $689,000, to a long-term partner, per crypto.news. S trades at $0.05195, 94.78% below its $1.03 January 2025 peak.
- • The article's 300x projection for Pepeto and its pending Binance listing (no date set) are promotional claims from the publisher, not independent analysis.
Summary
HSBC placed a purchase in a tokenised money market fund this week, its first such buy, according to Fintech Singapore's October 22 report. Payments firm Ant executed the order through its WhaleRTP treasury platform, paying with HSBC's tokenised deposits and buying into Franklin Templeton's Benji fund. Ledger Insights reports that Ant moves money in 17 currencies and that WhaleRTP connects to more than 20 banks. The stated aim was to earn yield on idle cash.
The primary article uses that development to promote Pepeto, a meme coin presale. It cites over $11.2 million raised at $0.0000001902 per token, with each new stage priced higher. The piece describes a staking pool showing 160% APY that updates daily and is not guaranteed, and it says the pool's rewards unlock at listing. It also states that the PepetoSwap exchange is live with a 0% swap fee and that a Binance listing is approaching with no date set. The 300x price projection it attributes to analysts is not sourced to any named analysis, and the publisher's claims about the token could not be independently confirmed from the material reviewed.
The article also covers Hedera (HBAR) and Sonic (S). HBAR trades at $0.0794, down 4.5% in a day and 85.86% below its September 2021 peak of $0.5701, according to CoinMarketCap. Analyst Cilinix, cited by DailyCoin, says HBAR must hold about 7.8 cents and reclaim 8.1 cents to bounce, with 7.4 and 7.2 cents as the next downside levels. Sonic trades at $0.05195, down 5.17% in a day and 94.78% below its $1.03 peak from January 2025, per CoinMarketCap. On October 22, Sonic Labs said it will move about 13 million S to a long-term partner, according to crypto.news.
Readers should treat the Pepeto recommendation, its return projections, and its listing timeline as promotional content. The HSBC transaction and the HBAR and S price data are the verifiable elements of the piece.
The primary article uses that development to promote Pepeto, a meme coin presale. It cites over $11.2 million raised at $0.0000001902 per token, with each new stage priced higher. The piece describes a staking pool showing 160% APY that updates daily and is not guaranteed, and it says the pool's rewards unlock at listing. It also states that the PepetoSwap exchange is live with a 0% swap fee and that a Binance listing is approaching with no date set. The 300x price projection it attributes to analysts is not sourced to any named analysis, and the publisher's claims about the token could not be independently confirmed from the material reviewed.
The article also covers Hedera (HBAR) and Sonic (S). HBAR trades at $0.0794, down 4.5% in a day and 85.86% below its September 2021 peak of $0.5701, according to CoinMarketCap. Analyst Cilinix, cited by DailyCoin, says HBAR must hold about 7.8 cents and reclaim 8.1 cents to bounce, with 7.4 and 7.2 cents as the next downside levels. Sonic trades at $0.05195, down 5.17% in a day and 94.78% below its $1.03 peak from January 2025, per CoinMarketCap. On October 22, Sonic Labs said it will move about 13 million S to a long-term partner, according to crypto.news.
Readers should treat the Pepeto recommendation, its return projections, and its listing timeline as promotional content. The HSBC transaction and the HBAR and S price data are the verifiable elements of the piece.
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