Published:October 30, 2026 Last Updated: October 30, 2026 Uber has tested a blockchain-based system that allows it to earn additional returns on corporate cash over weekends, when traditional markets are...
Summary
- Published:October 30, 2026 Last Updated: October 30, 2026 Uber has tested a blockchain-based system that allows it to earn additional returns on corporate cash over weekends, when traditional markets are closed.
- It allowed Uber to buy tokenized money market fund shares on Thursday and sell them on Sunday, earning about 1.5 additional days of yield.
- Uber Tests Weekend Treasury Investing The trial used HSBC tokenized deposits to purchase shares in a Franklin Templeton money market fund through infrastructure supported by Canton Network.
- The arrangement demonstrated how companies could manage surplus cash outside traditional banking hours.
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