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BlackRock, SBI and Startale Explore Tokenised Fund Link to Yen Stablecoin

BlackRock, SBI Holdings and Startale Group have signed a memorandum of understanding (MOU) to explore how tokenised money market funds (MMFs) could connect with the JPYSC yen stablecoin. Two BlackRock entities, BlackRock Financial Management and BlackRock Japan, are party to the agreement. JPYSC is a yen-denominated, trust-type stablecoin that SBI Group first issued in June, [...] The post BlackRock, SBI and Startale Explore Tokenised Fund Link to Yen Stablecoin appeared first on Fintech Hong Ko

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Originally published byFintech News Hong Kong 2h ago · fintechnews.hk
Read full report at Fintech News Hong Kong

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