BlackRock's CEO said it is exploring the tokenization of long-term investment products such as iShares.
Several leading US Financial Institutions Groups are working together to test the benefits of shared ledger technology for the joint settlement of tokenised assets such as commercial bank funds and securities. The initiative, dubbed the Regulated Settlement Network, is a proof-of-concept to speed up and secure cross-border transactions through the use of a single tokenised asset system. The trial is a continuation of an earlier 12-week experiment conducted in late 2022 that focused on interbank ...