Topic: #blackrock
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BlackRock launches tokenized money market funds in 15 European markets
BlackRock unveiled 12 tokenized share classes based on six money market funds totaling $311 billion in assets across 15 European markets, one day after expanding its U.S. tokenized cash platform.
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BlackRock's crypto assets fall 39% despite $15B net inflows
BlackRock's digital asset products declined to $48.8 billion from $79.6 billion year-over-year, despite attracting $15.1 billion in net inflows. Market depreciation of $45.8 billion offset the inflows as Bitcoin and Ether prices fell sharply in the second quarter.