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Home›Crypto›Regulation›BlackRock launches Ethereum-based tokenized share clas…

BlackRock launches Ethereum-based tokenized share classes for European money funds

The new tokenized share classes are built on JPMorgan's Kinexys platform, expanding BlackRock's use of Ethereum for European money market funds with $311 billion in assets.

Reported · Written up by our desk · Regulation

BlackRock has launched Ethereum-based tokenized share classes for select European money market funds, as The Block reports.

The firm said the tokenized share classes use JPMorgan's Kinexys platform.

BlackRock noted the move applies to specific European money market funds that together hold $311 billion in assets, according to The Block.

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Sources

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

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