Reported 3 days ago
BlackRock's iShares Short Maturity Municipal Bond Active ETF has made a groundbreaking purchase of municipal bonds issued via blockchain technology, marking a first for the municipal bond market. The bonds, originating from Quincy, Massachusetts, were facilitated by JPMorgan's private blockchain platform, making this transaction notable for its complete reliance on blockchain from issuance to settlement. BlackRock aims to innovate within capital markets, highlighting the potential of blockchain in this sector.
Source: YAHOO