Europe's largest cash management platform is now issuing tokens on Ethereum, in a launch restricted to professional investors.

BlackRock has tokenized $311 billion of European money market funds in collaboration with JP Morgan's Kinexys. The initiative, which utilizes Ethereum for issuing tokens, is currently limited to professional investors.

BlackRock Tokenizes $311B of European Money Market Funds With JP Morgan's Kinexys

BlackRock has expanded tokenized money market funds to Europe with Ethereum share classes covering $311 billion in institutional liquidity assets. According to a recent announcement, BlackRock has introduced its first tokenized access to institutional money market funds in Europe by&#8230;

BlackRock has launched tokenized money market funds in Europe, introducing Ethereum share classes that encompass $311 billion in institutional liquidity assets. This marks the company's first tokenized access to institutional money market funds in the European market.

BlackRock brings $311B money market funds onchain with Europe launch

Earlier this week, BlackRock expanded its U.S. tokenized cash platform which involved offering onchain shares of an existing fund, plus a new daily reinvestment stablecoin fund.

BlackRock has launched tokenized access to its $311 billion money market funds in Europe, expanding its U.S. tokenized cash platform. This includes offering onchain shares of an existing fund and introducing a new daily reinvestment stablecoin fund.

BlackRock debuts tokenized access to $311 billion of money market funds in Europe

BlackRock launched Ethereum-based tokenized share classes for select European money market funds using JPMorgan's Kinexys.

BlackRock has introduced Ethereum-based tokenized share classes for select European money market funds, which collectively hold $311 billion in assets. This initiative utilizes JPMorgan's Kinexys platform.

BlackRock debuts tokenized share classes for select European money market funds with $311 billion in assets

BlackRock launched a tokenized money market fund for stablecoin reserves that uses Solana alongside Ethereum.

BlackRock has launched a tokenized money market fund designed for stablecoin reserves, utilizing both Solana and Ethereum blockchain technologies.

BlackRock Launches Tokenized Money Market Funds on Solana, Ethereum

<img src="https://s3-images.ctmedia.io/media/article-covers/hi-j-blackrock-investments-explained.jpg" alt="BlackRock launches tokenized money market funds for stablecoin reserves" class="type:primaryImage">The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.

BlackRock has launched two blockchain-based money market funds that are designed to qualify as stablecoin reserve assets under the US GENIUS Act.

BlackRock launches tokenized money market funds for stablecoin reserves

أطلقت بلاك روك صناديق السوق النقدي المرمزة في أوروبا، باستخدام إيثريوم ومنصة كينكسي من جي بي مورغان. تشمل هذه المبادرة 311 مليار دولار من أصول السيولة المؤسسية، مما يمثل توسعًا كبيرًا في منصة النقد المرمز لبلاك روك. تم تصميم الصناديق للمستثمرين المحترفين وتشمل أصول احتياطي جديدة من العملات المستقرة بموجب قانون جينيوس الأمريكي.

BlackRock ha lanzado fondos del mercado monetario tokenizados en Europa, utilizando Ethereum y la plataforma Kinexys de JPMorgan. Esta iniciativa abarca $311 mil millones en activos de liquidez institucional, marcando una expansión significativa de la plataforma de efectivo tokenizado de BlackRock. Los fondos están diseñados para inversores profesionales e incluyen nuevos activos de reserva de stablecoin bajo la Ley GENIUS de EE. UU.

BlackRock a lancé des fonds monétaires tokenisés en Europe, utilisant Ethereum et la plateforme Kinexys de JPMorgan. Cette initiative englobe 311 milliards de dollars d'actifs de liquidité institutionnelle, marquant une expansion significative de la plateforme de trésorerie tokenisée de BlackRock. Les fonds sont destinés aux investisseurs professionnels et incluent de nouveaux actifs de réserve de stablecoin en vertu de la loi GENIUS américaine.