BlackRock Acquires Municipal Bonds on Blockchain: A Revolutionary Step 🚀
BlackRock, one of the largest fund managers in the world, has acquired municipal bonds issued via blockchain, marking a milestone in the financial market. The transaction, carried out through the MEAR ETF, involved bonds issued by the city of Quincy, Massachusetts, and managed on JPMorgan's blockchain platform. This move highlights the potential of blockchain technology to transform efficiency and transparency in capital markets.
