BULLISH 65 U.Today 1H ago · 1 min read

BlackRock taps Ripple network via SBI for Japan tokenization push

AI summary

SBI, Ripple's key partner and one of its largest shareholders, is opening Japan's on-chain market to BlackRock's money market funds, using the Ripple network for tokenization. The move ties BlackRock's asset management reach to Ripple's infrastructure in a major regulated market. Traders would watch this as a meaningful institutional validation for XRP-linked tokenization, though the direct price impact depends on how much volume the funds actually generate.

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