BlackRock’s Tokenized Fund Push Faces a New Clearinghouse Test
Photo: ETHNews
BlackRock is extending tokenized money-market funds into traditional financial infrastructure, where collateral eligibility is becoming the central issue. European regulators opened a consultation on tokenized collateral on October 9, with responses due January 15, 2027. BlackRock’s European fund structure and BUIDL’s use on Binance demonstrate different levels of integration, but neither guarantees universal acceptance by clearinghouses. BlackRock’s effort to integrate tokenized investment funds into conventional finance is reaching a critical regulatory test. European authorities are now examining whether blockchain-based collateral can meet the requirements imposed on assets used by central clearinghouses.
Source: ETHNews
