SHIFT · US
Major US banks advance tokenized deposit networks; asset managers launch reserve funds; regulators near framework
Major US banks are coordinating on blockchain-based tokenized deposit networks, asset managers launched tokenized money-market funds, and regulators are close to publishing rules on tokenized securities.
WHY IT MATTERS
Paradigm shift in settlement infrastructure. Tokenization enables instant cross-border payments, 24/7 markets, and atomic swaps—reshaping money-market fund flows and FX operations. Regulatory clarity imminent.
Source: BlackRock · 2026-06-21