BlackRock Launches Tokenized Money Market Funds in Europe via JPMorgan
BlackRock has introduced tokenized money market funds in Europe through JPMorgan's Kinexys platform, tokenizing $311 billion in assets. This initiative is currently available only to professional investors and utilizes Ethereum for issuing tokens.
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BlackRock brings tokenized money market funds to Europe via JPMorgan
JPMorgan’s Kinexys platform will tokenize select BlackRock money market fund shares denominated in pounds, euros and US dollars.
BlackRock Tokenizes $311B of European Money Market Funds With JP Morgan's Kinexys
Europe's largest cash management platform is now issuing tokens on Ethereum, in a launch restricted to professional investors.
BlackRock debuts tokenized access to $311 billion of money market funds in Europe
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 debuts tokenized share classes for select European money market funds with $311 billion in assets
BlackRock launched Ethereum-based tokenized share classes for select European money market funds using JPMorgan's Kinexys.