Confirmed: State Street and BlackRock Adopt Hedera for Tokenized Money Market Funds

State Street Global Advisors Europe Limited and BlackRock Asset Management Ireland Ltd have officially chosen Hedera for their tokenized money market funds.

This development signals growing institutional adoption of blockchain technology for liquidity management. Crypto researcher SMQKE (@SMQKEDQG) confirmed this in a recent post, noting the structured use of Hedera in these major funds.

State Street and BlackRock Funds on Hedera

State Street Global Advisors Europe Limited has multiple funds on Hedera. These include the USD, GBP, and EUR Liquidity LVNAV Funds, as well as USD and GBP Government Liquidity Funds.

BlackRock Asset Management Ireland Ltd has also deployed several funds on Hedera. These cover the US Dollar, Sterling, and Euro Liquidity Funds, including the US Treasury and Government Liquidity Funds. Both firms use Archax as the custodian for these tokenized assets.

Asset-Backed Token Structures

The choice of Hedera highlights a preference for efficiency and reliability in digital native fund structures. Just like XRP, Hedera is seen as an institution-safe asset.

Each fund employs an asset-backed token model with a beneficial interest trust legal structure. This setup enables intermediated holding while maintaining secure, registered digital shares.

Hedera’s integration into these funds sets a clear precedent for digital asset adoption among large financial institutions. State Street and BlackRock are globally recognized asset managers, and their selection of Hedera reflects trust in the blockchain’s performance.

Using a regulated, tokenized structure allows these institutions to maintain transparency while enabling faster settlement and improved liquidity management.

Institutional Trend Toward Blockchain

The broader pattern shows that traditional asset managers are actively exploring digital infrastructure. Hedera’s use for multiple liquidity and government funds indicates that tokenized assets are no longer experimental.

By leveraging blockchain, these firms reduce reliance on conventional clearing processes and increase transparency across fund operations. For HBAR holders, this could translate to greater adoption in institutional corridors and heightened market activity.

Industry Validation

The confirmation of Hedera adoption by these major firms signals a shift in how liquidity is managed globally. State Street and BlackRock have established a framework that other institutions may follow. SMQKE’s post documents this trend, indicating clear industry validation of blockchain-based fund management.

As blockchain technology becomes increasingly integrated into institutional finance, assets like Hedera could see increased institutional adoption. This could lead to higher demand and a potential price increase.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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