💰 BlackRock launches tokenized share classes for European money market funds

BlackRock announced the launch of tokenized share classes built on the Ethereum network for a selected number of its European money market funds. This development comes in collaboration with Kinexys platform by JPMorgan, and represents a step toward integrating traditional assets with blockchain technology.

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📊 Impact: 🔥 Very High
🏷️ DEFI

#BlackRock #Ethereum #Tokenization #DeFi #AssetManagement

📰 Source: biztoc.com