$BKNeutralLow

DigiFT Introduces First Actively Managed Tokenized Equity Fund with BNY as Investment Management Services Provider

DigiFT, a MAS- and SFC-licensed on-chain exchange, launched DigiFT U.S. Equity Income Fund (bEQTY), described as the first actively managed tokenized U.S. equity income fund on Ethereum. BNY Investments serves as investment manager for the underlying strategy. The fund is tokenized on DigiFT and distributed to eligible accredited investors, aiming to extend tokenization from single assets to managed public equity strategies.

6/10
4/10
Low
Neutral
today’s PRNewswire launch of DigiFT U.S. Equity Income Fund (bEQTY)
Neutral to mildly positive for tokenization/asset-management adoption; no BK-specific numbers.

BK’s role as investment manager for a new tokenized equity-income fund may modestly support its asset-servicing/investment-management narrative, but no direct financial metrics are provided.

BNY (BK) is named as the investment manager for the underlying tokenized U.S. equity income strategy launched via DigiFT.

Low near-term impact; any move would likely be sentiment/industry-flow rather than BK-specific fundamentals.

Background

DigiFT, licensed by MAS and Hong Kong SFC, is launching an actively managed tokenized U.S. equity income fund (bEQTY) on Ethereum, with BNY as investment manager.

Why it matters

The news primarily matters as a tokenization adoption signal for institutional public-equity strategies; it does not provide BK-specific financial impact details.

Market relevance

Traders may treat this as incremental positive sentiment for tokenized-fund infrastructure and participating asset managers, but without disclosed scale it’s unlikely to drive near-term repricing.

Market effects

Supports the broader tokenized-RWA and on-chain fund distribution theme, potentially increasing investor attention to custody/asset-management platforms involved in tokenization.

Highlights Asia regulatory licensing (MAS/SFC) as a pathway for institutional tokenized products, which could influence regional sentiment toward compliant tokenization venues.

If replicated, could expand institutional adoption of tokenized public equities on major blockchain rails, but the article provides no scale indicators.

Alternative perspectives

This looks like a marketing/structuring milestone rather than a material revenue driver for BK until AUM and fee economics are disclosed.

Key missing items are fund size, expected management/servicing fees, custody/settlement cost structure, regulatory approval timeline for distribution, and whether accredited investors will actually allocate meaningfully.

Key entities

  • DigiFT

    Regulated on-chain exchange for tokenized real-world assets, distributing the tokenized equity income fund on Ethereum.

  • BNY (The Bank of New York Mellon Corporation)

    Named as investment manager for the underlying traditional U.S. equity income strategy behind bEQTY.

  • bEQTY (DigiFT U.S. Equity Income Fund)

    Actively managed tokenized U.S. equity income fund distributed via DigiFT on the Ethereum public blockchain.

Related articles

$RYAAYMedAI 8/10

Global markets rally on renewed hope for US-Iran peace deal

Global stocks rose as renewed hopes for a US-Iran peace deal eased oil and bond yields. Brent fell 0.1% to just under $95. In Europe, Dublin’s Euronext gained 1.2% (Ryanair +1.2%, Glanbia +1.2%); London’s FTSE 100 rose 0.3%. Euro zone yields fell (Germany 10-year 2.97%). In New York, the Dow and S&P 500 hit records; Hewlett Packard Enterprise jumped ~26% after pulling forward targets; Alphabet sought up to $80bn for AI infrastructure.

$HOODMed

Trump accounts: What parents need to know about the children's savings accounts

Treasury Secretary Scott Bessent said a new parent app to manage “Trump accounts” will launch Thursday on major platforms, after a cabinet meeting. The app, built by Robinhood and the Bank of New York, will let parents view balances and invest in low-cost broad U.S. index funds/ETFs. Nearly 6 million children already have accounts; federal seed money ($1,000) begins July 4.

$HOODLow

Trump Accounts app goes live on app stores - WSVN 7News

Treasury Secretary Scott Bessent said a mobile app for “Trump Accounts” will launch Thursday on major platforms, with nearly 6 million children already having accounts set up. The app, built by Robinhood and the Bank of New York, lets parents view balances and make investing decisions; investment options are limited to low-cost US stock index funds/ETFs. Accounts begin investing July 4, when $1,000 federal seed money starts depositing.

$BKLow

DigiFT Introduces First Actively Managed Tokenized Equity Fund with BNY as Investment Management Services Provider

DigiFT, a MAS- and SFC-licensed on-chain exchange for tokenized real-world assets, launched DigiFT U.S. Equity Income Fund (bEQTY), described as the first actively managed tokenized U.S. equity income fund on Ethereum. BNY Investments is the investment manager for the underlying strategy, and the fund is available to accredited investors via DigiFT.

$HOODMed

Trump Accounts app to go live Thursday

Treasury Secretary Scott Bessent said a new app for “Trump Accounts” will launch Thursday on major platforms. He said nearly 6 million children already have accounts set up. The app was built by Robinhood and the Bank of New York, selected by Treasury. The app lets parents view balances and choose investments; investing starts July 4.

$HOODLow

Trump Accounts app to go live Thursday

Treasury Secretary Scott Bessent said a new app for “Trump Accounts” for children will launch Thursday on major platforms, with availability on Apple and Google app stores that morning, according to a Treasury spokesperson. Bessent said nearly 6 million children already have accounts set up. The app, built by Robinhood and the Bank of New York, lets parents view balances and make limited low-cost index fund/ETF investment choices; accounts begin investing July 4.