BlackRock’s Nikhil Sharma pitches tokenized money market funds as instant collateral at TOKEN2049

Each sentence links inside to the piece that supports it.

Fund users and market participants who handle collateral would notice this in the way they move assets today. Sharma described a setup where tokenized money market funds can be transferred directly as collateral, instead of going through redemption and waiting several days for cash. This changes the mechanics of movement that were described, while the underlying funds remain money market funds.

In practice, the difference is in transfer timing and the steps between holding the fund and posting it as collateral. The comments say the funds can be used directly as collateral, and the same remarks also frame them as a way to improve liquidity and efficiency in financial markets. What stays the same is that the discussion is still about money market funds, now tokenized.