Schroders has formally launched a tokenized share class of its emerging market bond fund on the Solana blockchain, marking the asset management giant's first deployment of a product on that network.

According to Woofun AI, the product is the tokenized share class of the "Schroder International Selection Fund Emerging Market Bond" (ticker: SISF), introduced on Solana on the 4th. As an institution managing assets of 867.8 billion pounds (roughly 1.15 trillion US dollars) as of the end of June 2026, Schroders has partnered with tokenization technology provider Centrifuge to bring an actively managed strategy on-chain.

The fund invests in emerging market government bonds, corporate bonds, and bonds denominated in local currencies. Investors hold tokenized shares linked to net asset value (NAV) through a feeder fund that includes an on-chain share class, and that feeder fund in turn invests in the Schroders emerging market bond fund.

John Mensack, Senior Investment Director in Schroders' bond business, noted that emerging market bonds rely heavily on local market insight and active management capabilities, and that bringing them on-chain aims to improve their accessibility. Marita McGinley, who oversees APAC digital asset business operations, emphasized that the move is intended to meet the needs of investors in the "digital age".

Notably, as early as August 2026, the group had received approval from the Central Bank of Ireland to establish its first tokenized share class in a US dollar-denominated money market fund (product name SOAR, supported by JPMorgan's Kinexys multi-chain tokenization platform).

Data compiled by Woofun AI shows that RWA tokenization is expanding from cash and short-term government bonds toward more complex actively managed strategy assets. On June 30 of this year, Centrifuge partnered with New York Life Investment Management (managing about 807 billion US dollars in assets) to tokenize its US high-yield corporate bond strategy (HYB); in May, US-based Coinbase (COIN.US) listed Centrifuge as a preferred tokenization infrastructure and made a strategic investment in its token CFG, with the related framework integrated into its Base chain. This practice of converting real-world assets into blockchain tokens has attracted a large number of traditional financial institutions because it can significantly improve asset transfer and settlement efficiency.

Structurally, the scope of tokenized RWA is undergoing a qualitative shift, extending from simple liquidity management tools to actively managed strategies with complex pricing logic. This is a key signal that, following short-term government bonds, traditional asset management giants are raising their trust in on-chain infrastructure, foreshadowing that more high-threshold asset classes will gradually achieve instant settlement and allocation on a global scale.