Galaxy Digital is set to launch its own tokenized money market fund, aiming to compete with major financial firms such as BlackRock and Franklin Templeton. This move marks Galaxy Digital's entry into the growing market of tokenized financial products, which are gaining traction for their potential to offer greater liquidity and accessibility to investors. The new fund will leverage blockchain technology to tokenize shares, providing investors with a digital representation of their holdings. This initiative aligns with Galaxy Digital's strategy to expand its offerings in the digital asset space and capitalize on the increasing interest in tokenized investment vehicles.