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Business & Economy3 months ago

BlackRock Launches Tokenised Funds for Stablecoin Reserves

BlackRock has introduced two tokenised money market funds aimed at stablecoin reserve management and institutional blockchain applications. The funds invest in cash, short-term US Treasuries and overnight repurchase agreements, giving investors tokenised…

Business & Economy3 months ago

Private Credit Funds Recover From Lows Despite Troubled Loans

Publicly traded private credit funds have rebounded from multi-year lows as second-quarter results showed a more stable market, Bloomberg reports. Major managers are trimming weak investments, reducing leverage and limiting loans that…

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