- BlackRock has reportedly made its first purchase of blockchain-issued municipal bonds with its ETF.
- The bonds were issued in Quincy, Massachusetts, and are notable for utilizing blockchain technology.
- This move suggests the potential use of blockchain technology in the municipal bond issuance market.
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According to Bloomberg on the 18th (local time), global asset management firm BlackRock has made its first purchase of municipal bonds issued on blockchain through its exchange-traded fund (ETF).
Previously, these bonds were issued in April by Quincy, Massachusetts, using JPMorgan's platform.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.PiCK News
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