Money markets articles
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BlackRock tokenizes Money Market Fund on Hedera, HBAR soars
Archax, Ownera and The HBAR Foundation have enabled the first tokenization of BlackRock’s money market fund (MMF) on Hedera. This is a major development in the real-world assets (RWAs) industry and comes after abrdn plc tokenized its MMFs on Hedera last year. The crypto world has witnessed a historic moment in the real-world assets (RWAs) […]
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Money-Market Fund Assets See Largest Outflows Since 'Lehman'
Money-Market Fund Assets See Largest Outflows Since 'Lehman' Total money-market fund assets plunged by $112BN in the last week as Tax-Day demands took the total assets below $6 Trillion for the first time sine January (to $5.97 Trillion) Source: Bloomberg Corporate taxes collected from April 11 through April 17 totaled $100.7 billion, Treasury data show. While Tax-Day's impact matters obviously, we note that this is the largest weekly drop in money-market fund assets since...
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The Trump 'Hush Money' Trial, So Far; Reporters Ask the Mayor; Reframing 'Free' Beyond Markets; News From Your Classroom
Coming up on today's show: Erica Orden, Politico reporter, recaps what has happened so far at former President Trump's "hush money" trial, where David Pecker, the former publisher for the National Enquirer, testified about that publication's "catch and kill" strategy to suppress negative stories about people like Donald Trump. Mayor Adams holds one off-topic press conference per week, where reporters can ask him questions on any subject. Elizabeth Kim, Gothamist and WNYC reporter, recaps what...