BlackRock: Tokenizes $311B European Funds on Kinexys

BlackRock has tokenized $311 billion of European money market funds through JP Morgan's Kinexys platform. The move marks another step in institutional blockchain integration for traditional assets. Analysts tracking BlackRock tokenization strategies note rising demand for on-chain settlement in money market funds. JP Morgan Kinexys blockchain integration now handles one of the largest tokenized pools in Europe, tightening liquidity loops between asset managers and banks.