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BlackRock doubles down on tokenization with new stablecoin reserve funds
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BlackRock doubles down on tokenization with new stablecoin reserve funds
BlackRock's move could centralize stablecoin reserve management, potentially amplifying systemic risks if operational issues arise. The post BlackRock doubles down on tokenization with new stablecoin reserve funds appeared first on Crypto Briefing.
BlackRock Files Tokenized Money-Market Push For Stablecoin Investors
BlackRock is preparing a deeper move into tokenized money-market funds, aiming directly at investors and issuers that hold cash in stablecoins rather than traditional bank or brokerage accounts. The firm has filed a DLT Shares prospectus with the SEC, creating a digital-ledger share class for Treasury Trust Fund under BlackRock Liquidity Funds. The filing says the fund itself will not hold crypto assets, but DLT Shares are expected to be purchas…
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