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

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

2026-05-14

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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