Financial giant BNY launches blockchain accounting tools, BlackRock becomes its first client
According to Coinjie.com, financial giant BNY announced the launch of a blockchain accounting tool, and BlackRock became its first customer. The tool can directly provide the latest data on the fund's net asset value (NAV) on the blockchain. In addition, the product will also make the tokenized funds more transparent, a fast-growing new fund category similar to traditional funds, but the underlying assets are recorded and transferred on the blockchain. (Fortune)