BlackRock launches tokenized money market funds in Europe using JPMorgan's Kinexys
BlackRock has launched Ethereum-based share classes for select money market funds in Europe, using JPMorgan's Kinexys platform. The tokenized access covers $311 billion of money market funds, marking a significant step in institutional crypto adoption.
Detected & updated continuously · Source: Nebula
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@TheMoonShow
BlackRock is bringing tokenization to Europe. The asset manager has launched Ethereum-based share classes for select money market funds using JPMorgan's Kinexys. https://t.co/cxSyNux8gZ
@MetatronInc
BlackRock debuts tokenized access to $311 billion of money market funds in Europe https://t.co/LQSE9k9JFf
@Joshuwa
BlackRock tokenized funds on $ETH. Twelve share classes now span six European funds worth $311B. JPMorgan Kinexys minted them on Ethereum for fund operations. Tokenization has reached fund ops.
@MarketPulse_CRU
TOKENIZATION IS MOVING FROM EXPERIMENTS TO REAL FINANCIAL PRODUCTS. BlackRock has filed to add permissioned onchain shares to its roughly $6.8 billion Treasury liquidity fund, allowing ownership and transfers to be recorded on Ethereum. The important signal is not simply that https://t.co/3RyJPJ69em