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

60-second summary

BlackRock is debuting Ethereum-based tokenized share classes for select European money market funds with $311 billion in assets, utilizing JPMorgan's Kinexys platform. This move is expected to increase liquidity and accessibility for investors. The tokenized share classes will enable seamless trading and settlement, potentially driving further adoption in the tokenized assets market.