Summary of CFTC Subcommittee Sends Up Recommendations for Letting Firms Use Tokenized Shares as Collateral: Bloomberg

Summary of CFTC Subcommittee Sends Up Recommendations for Letting Firms Use Tokenized Shares as Collateral: Bloomberg


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CFTC Subcommittee Sends Up Recommendations for Letting Firms Use Tokenized Shares as Collateral: Bloomberg


The likes of BlackRock and Franklin Templeton could see tokenized shares of their money-market funds pledged in trading after a major group under the aegis of the Commodity Futures Trading Commission (CFTC) approved guidelines for their use, Bloomberg reported on Thursday.

https://www.coindesk.com/policy/2024/10/03/cftc-subcommittee-sends-up-recommendations-for-letting-firms-use-tokenized-shares-as-collateral-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A subcommittee of the Commodity Futures Trading Commission (CFTC) moved its recommendations on tokenized shares of money-market funds to the full committee, which could lead to the use of tokenized shares in trading by companies like BlackRock and Franklin Templeton.