Uber Tests Blockchain System to Earn Weekend Returns on Idle Corporate Cash

Uber has tested a blockchain-based system that allows it to earn additional returns on corporate cash over weekends, when traditional markets are closed. The pilot involved HSBC, Franklin Templeton, Tradeweb and Fireblocks. It allowed Uber to buy tokenized money market fund shares on Thursday and sell them on Sunday, earning about 1.5 additional days of … Read The Full Article Uber Tests Blockchain System to Earn Weekend Returns on Idle Corporate Cash On Coin Edition .