BlackRock × SBI Tokenized MMF + Yen Stablecoin MOU
BlackRock and SBI Group signed an MOU to explore connecting BlackRock's tokenized money market funds with SBI's yen stablecoin JPYSC — a significant step in real-world asset tokenization for institutional Japanese finance.
What we know
@CoinDesk reports the SBI × BlackRock MOU, which would link one of the world's largest tokenized fund products directly to a regulated yen stablecoin. This represents a meaningful step toward interoperability between tokenized traditional finance instruments and on-chain stablecoin infrastructure in Japan.
Sources
“@SBIgroup and @BlackRock sign MOU to explore connecting BlackRock's tokenized money market funds with SBI's yen stablecoin JPYSC”
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