Financial giant BNY launches blockchain accounting tool, BlackRock becomes its first client
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Planet Daily News: Financial giant BNY announces the launch of a blockchain accounting tool, with BlackRock becoming its first client. The tool can directly provide the latest data on fund net asset value (NAV) on the blockchain. Additionally, the product will enhance the transparency of tokenized funds, which is a rapidly growing new fund category similar to traditional funds, but with underlying assets recorded and transferred on the blockchain. (Fortune)
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