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.
BlackRock, Janus Henderson tokenized funds get instant redemptions with new $1 billion facility
Coin Desk - 14 May 2026 13:00
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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