BlackRock Entering Tokenized Money Market Funds on Ethereum - Tekedia

BlackRock plans to launch tokenized money-market funds on Ethereum, putting a mainstream low-risk product on blockchain rails.

The move shows growing institutional interest in using public blockchains for traditional financial products.

Tokenization could improve settlement speed and access, while adding credibility to real-world assets on-chain.

It may also help accelerate broader adoption of blockchain infrastructure across Wall Street and DeFi.