BIS warns of liquidity risks in tokenized money market funds
Jinse Finance reported that the Bank for International Settlements (BIS) has released a briefing stating that tokenized money market funds (MMFs) face liquidity mismatch risks between daily redemptions and T+1 settlements, which become particularly prominent under market stress. However, industry solutions have already emerged. For example, Broadridge's DLR system enables intraday transfer and monetization of government bonds, providing a technological pathway to alleviate liquidity mismatches.
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