Firms such as BlackRock and Franklin Templeton could see tokenized shares of their money market funds traded after a major group backed by the U.S. Commodity Futures Trading Commission (CFTC) approved guidance for the use of tokenized money market funds.
According to people familiar with the matter, a subcommittee of the CFTC's Global Markets Advisory Committee voted to send the recommendations to the full committee, which is expected to vote on them later this year. The report did not reveal the specific recommendations, but the mere act of sending the recommendations to the full committee could be seen as the next step. (Coindesk) #opbnb
