BlackRock filed products with the SEC for potential approval, including a tokenized share class on Ethereum that manages Circle's reserves.
1 report, 1 independent
Updated Aug 3
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What happened
BlackRock filed products with the SEC for potential approval, including a tokenized share class on Ethereum that manages Circle's reserves.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Major financial institutions, including Circle, Goldman Sachs, and BlackRock, participated in a DTCC tokenization pilot supported by the SEC.Also in this story
- BlackRock, Clearing Corporation, Goldman Sachs, and Nasdaq participated in a tokenized stock production effort, signaling a market shift toward onchain settlement.
- Arc is an L1 network built by Circle, and the SEC is leading a tokenized securities pilot framework.
The entities involved
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BlackRock
American multinational investment management corporation
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SEC
Slovak company
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Circle
peer-to-peer payments technology company
- Coinbase operates as a leading regulated crypto exchange, utilizing its Base Layer-2 network built on Ethereum, and shares revenue with Circle in the USDC ecosystem.
- Hana Bank is participating in a settlement network trial involving the Bank of Korea, while Binance announces a $100M investment to promote Circle's USDC.