Scan with your phone to get the appBlackRock, SBI and Startale sign MOU to link tokenized money market funds with JPYSC stablecoin.
BlackRock signed a memorandum of understanding with SBI Holdings and Startale Group to explore linking tokenized money market funds to JPYSC, a yen‑denominated stablecoin, as part of building blockchain‑based financial infrastructure in Japan.
The agreement covers technical development, business opportunities and regulatory requirements, but does not name a specific fund, blockchain network or commercial launch timeline.
SBI contributes banking, securities and digital‑asset capabilities, Startale provides blockchain development, and BlackRock brings its global fund‑management expertise. The parties will consult with financial institutions domestically and abroad while regulatory issues remain under review.
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