BlackRock Tokenizes $311B European Funds on Kinexys
BlackRock has successfully tokenized $311B worth of European funds on Kinexys.
The move marks a significant step in the adoption of blockchain technology for financial services.
Kinexys is a platform that enables the creation and management of security tokens, allowing investors to buy and sell fractional ownership in traditional assets such as mutual funds.
BlackRock's decision to partner with Kinexys highlights the growing interest in tokenization among major financial institutions.