[BIS Warns of Liquidity Mismatch Risks in Tokenized Money Market Funds] The Bank for International Settlements (BIS) highlighted in a briefing that tokenized money market funds (MMFs) face liquidity mismatch risks between daily redemptions and T+1 settlements, which become more pronounced during times of market stress. Meanwhile, solutions have emerged within the industry, such as Broadridge's DLR system, which enables intraday transfer and monetization of government bonds, providing technical support to address liquidity mismatch issues.