BlackRock digital assets executive Nikhil Sharma said at Token2049 on Oct. 7 that tokenized money market funds offer a more convenient structure than traditional products. His key point was operational: these funds can be transferred directly as collateral, without first going through a redemption process. He also said users do not need to wait several days to receive cash, a delay that often exists in more traditional fund workflows. The remarks focused on settlement efficiency and collateral mobility rather than broader market forecasts. Sharma’s comments were reported by BlockBeats.
BlackRock digital assets executive Nikhil Sharma said at Token2049 on Oct. 7 that tokenized money market funds are more convenient than traditional products.
According to Sharma, tokenized money market funds can be transferred directly as collateral, without redemption and without waiting several days to receive cash.
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