BlackRock, SBI, and Startale Partner on Tokenized MMFs
BlackRock, SBI Holdings, and Startale are exploring the connection of tokenized money market funds with a Japanese yen-pegged stablecoin.
BlackRock, SBI Holdings, and Startale have signed a memorandum of understanding to explore linking tokenized money market funds with SBI's Japanese yen-pegged stablecoin, JPYSC, according to TheBlock.
The collaboration brings together traditional financial asset management infrastructure with domestic stablecoin rails in Japan, aligning major institutional participation with regional digital asset initiatives.
Instant Telegram notifications for large on-chain moves.
Key facts
- BlackRock, SBI Holdings, and Startale signed an MOU.
- The initiative explores linking tokenized money market funds with SBI's JPYSC stablecoin.
Source: theblock.co
This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.
