BlackRock signs MOU with SBI and Startale to explore linking tokenized MMFs with yen stablecoin JPYSC

BlackRock signed a memorandum of understanding with SBI and Startale to explore linking tokenized money market funds with the yen stablecoin JPYSC. The collaboration aims to integrate blockchain technology into financial transactions, potentially enhancing efficiency and global market access. This move signals growing institutional interest in stablecoin-based settlement and tokenized assets.