Federated Hermes partners with Prometheum to launch tokenized securities funds

Federated Hermes entered a strategic partnership with Prometheum to issue tokenized securities funds using Prometheum’s SEC-registered, FINRA-member broker-dealer infrastructure. Prometheum Capital will provide custody, clearing, settlement, making the tokenized products available to introducing broker-dealers via its correspondent clearing platform. ProFinancial will support distribution of the tokenized products. * First tokenized fund product expected to launch in Q1 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Federated Hermes Inc. published the original content used to generate this news brief via (Ref. ID: 20261013328602) on October 13, 2026, and is solely responsible for the information contained therein. (C)