BlackRock said at TOKEN2049: Tokenized money market funds can be used directly as collateral and transferred without redemption or waiting several days for the funds to arrive.

On-chain settlement is crushing traditional finance in terms of efficiency—that much is clear. Institutions aren’t getting involved to speculate on crypto; they’re here for the efficiency. The RWA narrative just got another boost. Now we wait to see more major institutions follow suit.

$BTC #RWA