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🚨 Uber unveils MMF yield strategy for operating cash flows w/ Canton Network 🚨 @Uber participated in a blockchain investment pilot involving @HSBC and @FTDA_US, buying a tokenized money market fund on Thursday and selling it on Sunday to earn an additional 1.5 days of yield. According to Odaily, the transaction used HSBC tokenized deposits and a public blockchain, allowing the investment and settlement to continue without selling assets before banks and markets closed on Friday. The pilot also involved @Tradeweb and @FireblocksHQ, with @CantonNetwork providing liquidity and settlement. Fireblocks CEO Michael Shaulov expects hundreds of large companies to adopt the model within the next 18 months. HSBC said the pilot demonstrated the technology’s feasibility and that the service is ready to be expanded to other clients. Now imagine if @Uber ran the same strategy with Franklin Templeton’s $BENJI as collateral but extended it by using an @aave V4/@Morpho instance, borrowing USDC, buying PPLUS on @pendle_fi with @Bitwise, using PPLUS to borrow USDC, and leveraged looping across all of DeFi’s most robust, stress tested protocols. This is what @ZenithFdn will enable with atomicity between Canton Mainnet and its native EVM. And yes, privacy pilots within the public, permissionless instance coming by Q2 2027. Zth.

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