BlackRock asset manager has made history by purchasing municipal bonds issued exclusively through blockchain technology. This transaction was facilitated through the exchange-traded fund (ETF), iShares Short Maturity Municipal Bond Active ETF (MEAR). The move marks a pivotal step in the municipal bond market’s integration with blockchain platforms. It signals a shift toward innovative, tech-driven financial services. BlackRock ETF Makes History …

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BlackRock ETF buys first muni bonds issued via blockchain

BlackRock’s iShares Short Maturity Municipal Bond ETF, also known as MEAR, just made history by purchasing municipal bonds issued and settled entirely on blockchain. The bonds, issued by Quincy, Massachusetts in April, were sold using JPMorgan Chase’s private blockchain platform. This deal...

BlackRock’s iShares Short Maturity Municipal Bond ETF, also known as MEAR, just made history by purchasing municipal bonds issued and settled entirely on blockchain. The bonds, issued by Quincy, Massachusetts in April, were sold using JPMorgan Chase’s private blockchain platform. This deal handled everything from issuance to settlement on the blockchain, completely bypassing traditional methods. The Quincy transaction involved $6.5 million in mu…

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BlackRock ETF Leads with First Blockchain-Based Municipal Bond Investment

The post BlackRock’s ETF Makes Historic Blockchain-Settled Municipal Bond Purchase appeared on BitcoinEthereumNews.com. As per a latest Bloomberg report, BlackRock’s iShares Short Maturity Municipal Bond ETF, also known as MEAR, just made a historic purchase of municipal bonds issued and settled entirely on blockchain. The fund was founded in 2015 and has roughly $750 million in client assets.  The securities were issued by the city of Quincy, M…

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BlackRock's ETF Makes Historic Blockchain-Settled Municipal Bond Purchase

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The post BlackRock’s ETF Makes Historic Blockchain-Settled Municipal Bond Purchase appeared first on Coinpedia Fintech News As per a latest Bloomberg report, BlackRock’s iShares Short Maturity Municipal Bond ETF, also known as MEAR, just made a historic purchase of municipal bonds issued and settled entirely on blockchain. The fund was founded in 2015 and has roughly $750 million in client assets.  The securities were issued by the city of Quinc…

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BlackRock buys its first municipal bond issued entirely through blockchain technology via its iShares Short Maturity Municipal Bond Active ETF.

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BlackRock Fund Buys First Blockchain-issued Muni bonds

TL;DR 
BlackRock acquired municipal bonds from Quincy, Massachusetts, using blockchain technology exclusively through its MEAR fund. The bond issuance was facilitated by JPMorgan using its private blockchain platform. Despite advancements, blockchain implementation must overcome issues like liquidity shortages and potential errors in the underlying code.   BlackRock has acquired municipal bonds issued by the city of Quincy, Massachusetts, throug…

Crypto Economy

BlackRock ETF Invests in Groundbreaking Blockchain-Issued Muni Bonds - Crypto Economy

A BlackRock ETF made an unprecedented purchase on blockchain-based municipal debt from the state of Massachusetts, USA. *** A BlackRock ETF made an unprecedented purchase on a municipal bond issued in Blockchain This is an unprecedented transaction that highlights interest in tokenization BlackRock has been actively exploring tokenization and this year launched a tokenized fund In an unprecedented operation, New York-based asset manager BlackRoc…

Un ETF de BlackRock hizo una compra sin precedentes en deuda municipal basada en Blockchain del estado de Massachusetts, EE. UU.  *** 
Un ETF de BlackRock hizo una compra sin precedentes en un bono municipal emitido en Blockchain Se trata de una operación sin precedentes que pone de relevancia el interés por la tokenización BlackRock ha estado explorando activamente la tokenización y este año lanzó un fondo tokenizado     En una operación inédit…

BlackRock ETF Leads with First Blockchain-Based Municipal Bond Investment

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