BlackRock’s Nikhil Sharma pitches tokenized money market funds as instant collateral at TOKEN2049

Key Summary

BlackRock is exploring the use of tokenized money market funds as instant collateral, reducing the time it takes for capital to settle. This could benefit institutions managing margin across multiple venues and provide a regulated alternative to holding idle stablecoins. The move aligns with BlackRock's broader aim to let tokenized money market fund positions move directly on-chain without cash settlement waits.