Business
Northern Trust Asset Management Enters Digital Assets Market with Launch of Tokenized Money Market Share Class
Tokenized share class underscores commitment to enhancing client outcomes through emerging technologies CHICAGO--(BUSINESS WIRE)-- Northern Trust Asset
About this update from Northern Trust Corporation
[{"type":"text","content":"\nTokenized share class underscores commitment to enhancing client outcomes through emerging technologies\n\n\n CHICAGO--(BUSINESS WIRE)--\nNorthern Trust Asset Management, a leading global investment management firm with US$1.4 trillion in assets under management as of December 31, 2025, launched a tokenized share class for its NIF Treasury Instruments Portfolio.\n\n\nMarking the firm’s entry into the digital assets market, the tokenized share class represents a digital mirror record of the fund’s institutional share class using blockchain technology. This offering will initially be available to clients on BNY’s (NYSE: BK) market-leading LiquidityDirect SM platform, which utilizes Goldman Sachs Digital Asset Platform (“GS DAP®”).\n\n\n“This launch reflects Northern Trust Asset Management’s commitment to delivering secure, efficient, and innovative liquidity solutions for institutional investors,” said Paula Kar, Chief Product Officer, Northern Trust Asset Management. “Tokenization delivers meaningful advantages, including improved settlement efficiency and enhanced visibility. Money market funds are on the leading edge of digital innovation, and we are excited to advance our product suite in this evolving space.”\n\n\n“As the investment landscape rapidly evolves with the use of blockchain-based solutions, Northern Trust Asset Management is committed to staying on the forefront of innovation to meet the needs of our institutional clients.” said Michael Hunstad, Ph. D., President, Northern Trust Asset Management. “By applying tokenization to institutional grade liquidity strategies, we are offering clients a modern, digital-first way to access money market investments while maintaining our high standards of governance, risk management and service.”\n\n\nThe NIF Treasury Instruments Portfolio provides investors with exposure to a diversified pool of short-term U.S. Treasury instruments, now with the added option of a blockchain‑enabled access model designed to support operational resilience and evolving digital market infrastructure.\n\n\nNorthern Trust Asset Management has US$355 billion in assets under management in liquidity strategies as of December 31, 2025.\n\n\nPlease carefully read the prospectus and summary prospectus and consider the investment objectives, risks, charges and expenses of Northern Institutional Funds caref...