BlackRock, Janus Henderson tokenized funds get instant redemptions with new $1 billion facility

By Krisztian Sandor

BlackRock, Janus Henderson tokenized funds get instant redemptions with new $1 billion facility

A new credit facility by Grove aims to allow instant redemptions into stablecoins from BlackRock's BUIDL and Janus Henderson's money market funds, reducing settlement time from days to instantaneous.

Not financial advice. Do your own research before making investment decisions.

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