Federated Hermes, Prometheum Plan Onchain Funds for Q1 2027

Federated Hermes is partnering with Prometheum to bring tokenized investment funds into regulated U.S. brokerage infrastructure, with the first product expected in Q1 2027. In the official announcement , the firms said Prometheum’s SEC-registered, FINRA-member broker-dealer network will support issuance, distribution, custody, clearing and settlement. The partnership is designed to place tokenized fund shares inside familiar brokerage and advisor channels rather than limiting them to crypto-native platforms. Federated Hermes, which manages $911.6 billion, adds the asset-management side of the structure while real-world asset tokenization provides the broader market context.