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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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...
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As Tax-Season Ebbs, Money-Market Funds See Return Of Inflows; Fed's Bank Bailout Fund Remains At $126BN
As Tax-Season Ebbs, Money-Market Funds See Return Of Inflows; Fed's Bank Bailout Fund Remains At $126BN After the prior week's almost unprecedented outflows, total money market fund assets rose last week (admittedly by a modest $9.1BN), but remain below the $6TN level ($5.97TN) as tax-season draws roll off Source: Bloomberg The flows into money-market fund assets through April 24 mainly on the back of inflows by institutional investors, which had led the tax-related decline the...