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BlackRock Launches Money Market Fund on Crypto Exchange OKX

BlackRock Inc. is expanding its presence in the digital asset market by bringing its $2.5 billion money market fund to the cryptocurrency exchange operator OKX, with Standard Chartered Plc managing the underlying assets.

28 Apr, 13:55 — 28 Apr, 13:55
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advisor-perspectivesMostly Factual3d ago

BlackRock Targets the Idle Cash Piling Up on Crypto Exchanges

BlackRock Inc. is bringing its roughly $2.5 billion money market fund to cryptocurrency exchange operator OKX, with Standard Chartered Plc holding the underlying assets — the latest sign that Wall Street infrastructure and digital-asset markets are converging.

By Isabelle Lee

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