How BlackRock and JPMorgan Are Quietly Building On Blockchain – Institutional DeFi Is Here

The era of finance quietly evolving is no longer just a theory. Major institutions like BlackRock and JPMorgan are deploying blockchain-based solutions under the radar. Their moves suggest a shift in how large financial operators view decentralized finance (DeFi). Rather than jumping into volatile tokens or speculative DeFi protocols, they are integrating blockchain where stability, regulation, and scale matter most.

Tokenized Treasuries and Money Funds

BlackRock has already launched its tokenized U.S. Treasury fund, BUIDL, which places money market and short-term Treasury holdings onto public blockchains. The goal is to give institutions and qualified investors the benefits of blockchain settlement, digital custody, and transparency.

Fidelity is doing something similar with its FDIT product. It offers tokenized exposure to U.S. Treasuries in a regulated environment. The offering emphasizes standard compliance, whitelisted wallets, and a structure that avoids the volatility usually associated with crypto assets.

These tokenized products may not make headlines like NFTs or meme coins, but for institutional …

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