Uber conducted a pilot investment using blockchain technology with HSBC and Franklin Templeton, buying a tokenized money market fund on Thursday and selling it on Sunday. This approach earned Uber an additional 1.5 days of yield by keeping corporate cash invested through the weekend, compared to traditional methods where investments are liquidated before Friday market close. HSBC provided tokenized bank deposits, and the pilot demonstrated readiness to extend this service to U.S. corporate customers, with expectations that hundreds of companies may adopt similar blockchain-based investment models within 18 months. The pilot highlights growing interest in blockchain for corporate treasury management and investment efficiency.
Uber's blockchain pilot earned an extra 1.5 days of yield by investing corporate cash through the weekend. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 31, 2026 02:21 WIB: out of 50 priced cryptocurrencies, 3 rose and 46 fell today. Notable movers include SXP down 46.27% at Rp37, CRV down 13.07% at Rp5,168 with 89% buy order activity, and YFI down 11.66% at Rp33,530,103 with 100% buy order activity.
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