BlackRock (BLK) Debuts Tokenized Access to $311 Billion of Money Market Funds in Europe

Blackrock’s Treasury Fund TLT Falls to 22-Year Low

Remember 2004? It was the year that Facebook officially launched, Shrek 2 dominated the box office and, of course, Janet Jackson endured the most publicized wardrobe malfunction of all time. It was also the last time the iShares 20+ Year Treasury Bond ETF (TLT) traded this low. Rising yields on long-term Treasuries pushed the price of the largest long-term bond fund to its lowest price in 22 years. TLT fell below $82 per share on Friday as risk-…

BlackRock Tokenized Stablecoin Reserve Fund Gets Top S&P Rating

S&P Global Ratings assigned its top AAAm principal stability rating to BlackRock’s tokenized stablecoin reserve fund, while USDT remained rated “weak” in S&P’s separate stablecoin assessment.

BlackRock (BLK) 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 Launches Tokenized Money Market Funds in Europe via JPMorgan

BlackRock is moving further into tokenized cash management in Europe, planning to launch tokenized versions of select money market funds using JPMorgan’s blockchain infrastructure, Bloomberg reported on Tuesday. The initiative is expected to span multiple share classes of BlackRock’s Institutional Cash Series—covering pound sterling, euro, and US dollar—and Bloomberg said these funds collectively manage roughly $311 billion. The figure relates t…

BlackRock launches tokenised money market fund shares

BlackRock tokenises European money market fund shares with Kinexys — read how this reshapes on-chain cash management.

BlackRock Brings $311 Billion in European Money Market Funds Onchain With JPMorgan's Kinexys

BlackRock introduced its first tokenized fund access in Europe on Tuesday, launching Ethereum-based share classes for select Institutional Cash Series (ICS) money market funds that collectively hold $311 billion in assets as of June 30.The rollout, built with Kinexys by JPMorgan, covers 12 tokenized share classes spanning BlackRock's ICS Euro Government Liquidity, Sterling Government Liquidity, U.S. Treasury, Euro Liquidity, Sterling Liquidity, …