🚀 Big Moves in Blockchain! 🚀
A subcommittee of the Commodity Futures Trading Commission (CFTC) has taken a significant step by moving recommendations on the use of tokenized shares of money-market funds to the full committee. This could pave the way for major players like BlackRock and Franklin Templeton to integrate blockchain-based tokens into their trading strategies.
- The recommendations, though not yet disclosed, are seen as a crucial next step.
- BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) is already making waves, hitting $500 million market value just six weeks after its launch.
What do you think about tokenized shares? Drop your thoughts in the comments! 💬