BlackRock, Citi Join 46 Firms in Tokenized Money Market Fund Collateral Trials
BlackRock and Citi are participating in a major trial with GDF and ISDA to test tokenized money market fund collateral, advancing real-world asset utility in finance.
Participants
BlackRock, Citi, 46 firms
Asset Type
Tokenized money market fund collateral
Organizers
GDF and ISDA
Forty-six firms, including BlackRock and Citi, are engaged in trials focused on using tokenized money market fund collateral. This initiative is being conducted in collaboration with GDF and ISDA. The effort aims to explore the practical application of tokenized assets within established financial frameworks.
Original summary by the Tokensoft Newsroom based on the cited source; read the source for full details. Not investment advice.