BlackRock applies for a new tokenized Treasury reserve fund and plans to launch a $7 billion on-chain money market fund
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BlackRock has applied to Securitize to establish a new tokenized treasury reserve fund and has proposed creating on-chain shares for a money market fund with a scale of $7 billion. As the tokenized finance sector has grown by 200% in a year, surpassing $30 billion, BlackRock is increasing its commitment to this area.
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