BlackRock, SBI, and Startale partner to explore tokenized MMF integration

CIE News ·

Based on reporting by The Block; not yet independently confirmed.

BlackRock has partnered with SBI Holdings and Startale to explore integrating tokenized money market funds with the JPYSC stablecoin, according to The Block. No deployment date has been announced.

BlackRock has partnered with SBI Holdings and Startale to explore the technical and practical integration of tokenized money market funds with SBI's Japanese yen-pegged stablecoin, JPYSC, The Block reported. The collaboration aims to connect institutional financial products with stablecoin infrastructure by combining BlackRock's asset management operations with blockchain expertise from SBI and Startale. The companies have not released a specific timeline or deployment date for the integration.

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