The post BlackRock’s ETF Makes Historic Blockchain-Settled Municipal Bond Purchase appeared first on Coinpedia Fintech News
As per a latest Bloomberg report, BlackRock’s iShares Short Maturity Municipal Bond ETF, also known as MEAR, just made a historic purchase of municipal bonds issued and settled entirely on blockchain. The fund was founded in 2015 and has roughly $750 million in client assets. The securities were issued by the city of Quincy, Massachusetts, …