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BlackRock Moves to Tokenize $150B Fund for Institutional Investors
BlackRock Moves to Tokenize $150B Fund for Institutional Investors
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BlackRock has filed to tokenize shares of its $150 billion money market fund, targeting institutional investors with a minimum entry point of $3 million. The move signals a pivotal convergence of traditional finance and blockchain infrastructure.
Asset management giants are increasingly exploring blockchain-based solutions for fund distribution. This initiative reflects growing institutional demand for digital asset exposure and operational efficiencies.
The tokenization of high-value traditional instruments could accelerate mainstream adoption of blockchain technology in capital markets. BlackRock’s scale lends credibility to the sector, potentially prompting competitors to follow suit.
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