Federated Hermes unveiled the Money Market Management Digital Treasury Fund – Reserve Shares (ticker OFFXX) on 9 June 2026, delivering a money‑market vehicle designed to meet the reserve‑asset rules that payment stablecoin issuers must follow.
Fund Structure and Regulatory Framework
Federated Hermes listed OFFXX on Nasdaq under Rule 2a‑7 of the Investment Company Act of 1940, granting the fund a regulated status. The