Kinexys

BlackRock has introduced tokenized share classes tied to European money market funds with a combined $311 billion in assets under management. The expansion underscores rising institutional interest in using blockchain infrastructure for cash management and real-world asset transferability.

J.P. Morgan has widened its Kinexys blockchain payments platform to support eight currencies, adding five Asia-Pacific units. The move deepens the network’s reach for institutional settlement and foreign exchange activity.