marketfund

BlackRock, one of the world's largest asset managers, has filed with the Securities and Exchange Commission (SEC) to launch a $150 million tokenization of #saham of its money market fund ( #money #marketfund ) using blockchain technology.

BlackRock Filing Details :
1. Product Name : BlackRock USD Institutional Digital Liquidity Fund
2. Asset Type : Tokenization of shares of a money market fund
3.#BlockchainUsed :#Ethereum(under the umbrella of Securitize, a company specializing in securities tokenization)
4. Purpose : Increase liquidity and settlement efficiency by leveraging blockchain.

What Does It Mean?
- This is a major step in the adoption of tokenized assets ( #RWA - Real World Assets) in the traditional financial sector.

-#BlackRockhas previously launched#ETF#Bitcoin (#IBIT) and is now expanding its exploration into other digital assets.
-#Tokenizationallows investors to access money market funds in a faster and more transparent way.

Potential Impacts:
✅ Other Financial Institutions may follow BlackRock's lead.
✅ Crypto & RWA markets could grow further with the entry of big players.
❌ Regulation remains a challenge, as the#SECis not yet fully open to Crypto assets.