World · Institutional · Global ·
BlackRock expands tokenized money market funds to Europe with $311 billion access
BlackRock launched blockchain-based access to $311 billion of its money market funds in Europe, complementing its U.S. tokenized cash platform. The offering provides onchain shares of existing funds and includes a new daily reinvestment stablecoin fund.
Why it matters for the crypto market
A $6 trillion asset manager making tokenized fund infrastructure available across two continents accelerates institutional adoption of blockchain-based finance infrastructure.
Source: CoinDesk
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