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BlackRock, Janus Henderson tokenized funds get instant redemptions with new $1 billion facility

crypto CoinDesk By Krisztian Sandor Thu, 14 May 2026 13:00:00 GMT 1 min read
BlackRock, Janus Henderson tokenized funds get instant redemptions with new $1 billion facility

A new credit facility by Grove aims to allow instant redemptions into stablecoins from BlackRock's BUIDL and Janus Henderson's money market funds, reducing settlement time from days to instantaneous.

A new credit facility by Grove aims to allow instant redemptions into stablecoins from BlackRock's BUIDL and Janus Henderson's money market funds, reducing settlement time from days to instantaneous.

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