BlackRock Tokenizes $311B of European Money Market Funds With JP Morgan's Kinexys

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BlackRock Tokenizes $311B of European Money Market Funds With JP Morgan's Kinexys

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BlackRock is tokenizing $311 billion of European money market funds with JP Morgan's Kinexys, issuing tokens on Ethereum. This launch is restricted to professional investors, marking a significant step in the adoption of digital assets in traditional finance.

Europe's largest cash management platform is now issuing tokens on Ethereum, in a launch restricted to professional investors.