# Federated Hermes and Prometheum Partner to Offer Tokenized Securities Funds

- URL: https://stocks.freetheai.org/news/federated-hermes-and-prometheum-partner-to-offer-tokenized-securities-funds-17c582
- Published: 2026-10-13T12:00:00Z
- Category: company_news; sentiment: neutral; impact: medium
- Symbols: [NYSE:FHI](https://stocks.freetheai.org/symbols/NYSE-FHI)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
- How write-ups are made: https://stocks.freetheai.org/how-we-write
- Not financial advice: https://stocks.freetheai.org/disclaimer

Federated Hermes, Inc. (NYSE:FHI) has partnered with crypto market infrastructure provider Prometheum Inc. to issue and distribute tokenized securities funds. Under the collaboration, Federated Hermes will provide active investment management strategies, while Prometheum will provide digital securities infrastructure through its SEC-registered broker-dealer subsidiaries.

The collaboration aims to connect traditional finance with digital asset markets by making tokenized products available through mainstream brokerage accounts and advisor relationships. As of June 30, 2026, Federated Hermes managed $911.6 billion in assets. Shares of Federated Hermes, Inc. Class B were trading at $56.03, down 0.87% on the day.

The two firms plan to release their first tokenized fund product in the first quarter of 2027. Prometheum Capital LLC will custody, clear, and settle the products while making them available to introducing broker-dealers through its correspondent clearing platform.

## Key points

- Federated Hermes, Inc. (NYSE:FHI) partnered with Prometheum Inc. to issue tokenized securities funds.
- Prometheum will handle issuance, distribution, custody, clearing, and settlement through its regulated broker-dealer network.
- The partnership seeks to offer on-chain fund access through established brokerage accounts and financial advisor relationships.
- The companies expect to introduce their initial tokenized fund product in the first quarter of 2027.

## Questions and answers

### What is the agreement between Federated Hermes and Prometheum?

Federated Hermes partnered with Prometheum to issue, distribute, and custody tokenized securities funds using SEC-registered broker-dealer infrastructure.

### When will Federated Hermes launch its first tokenized fund?

The companies expect to launch their first tokenized fund product in the first quarter of 2027.

### How will investors access the tokenized funds?

Investors will be able to access the tokenized products through mainstream brokerage accounts and financial advisor relationships.