Jiko brings 24/7 liquid T-bill access to BlackRock Cachematrix platform

Jiko has partnered with BlackRock Cachematrix, a top cash management portal, granting 7,000 institutional investors access to Jiko’s 24/7 liquid Treasury bill offering.

This partnership enables cash managers to earn a “risk-free” rate in real time through direct ownership of U.S. Treasury bills while ensuring complete liquidity.

Stephane Lintner, CEO of Jiko, said, “Treasurers have always had to trade off safety, liquidity, and yield when managing cash, and today’s markets are making that trade-off harder to accept. There’s no reason operational cash and excess cash should be treated differently.”

“With Jiko, every dollar is safe, liquid, and earning yield at once. Now, Cachematrix clients will access Jiko from the same platform they already use to manage their cash every day.”

Access to direct T-Bill ownership

BlackRock Cachematrix users will be able to access the Jiko platform directly from their existing workflow, giving them a way to hold cash that is both liquid and yield-generating simultaneously.

Through individual ownership of Treasury bills, institutional investors can manage operating and reserve cash more efficiently without sacrificing safety, liquidity, or returns.

Jiko will be one of several offerings within the BlackRock ecosystem as Cachematrix expands its marketplace in response to client demand for low-risk, short-term investments.

Jon Steel, Head of Global Product and Platform at BlackRock Cash Management, said, “BlackRock Cachematrix has always been about giving institutional cash managers the best possible toolkit for short-term liquidity. Offering connection to Jiko reflects what we’re hearing from clients: they want direct access to additional investment choices, with the transparency and simplicity that direct T-bill ownership provides.”

Automating short-term liquidity management

Traditionally, direct Treasury bill ownership has required significant operational effort, including manually selecting maturities, rolling positions, and managing reinvestment cycles. Jiko automates these processes, eliminating traditional frictions associated with holding cash in T-bills.

With BlackRock Cachematrix, users can easily connect to Jiko to purchase Treasury bills directly.

Jiko’s technology automatically selects, rolls over, and reinvests cash, ensuring it is always invested in T-bills at the “risk-free” rate. The platform offers instant payment and settlement around the clock, without the need for manual sweeps or intermediaries.

Research shows that 89% of corporate treasurers value holding cash in U.S. Treasury bills for immediate liquidity. Direct T-bill ownership gives investors full exposure to a safe asset, offering transparency, constant liquidity, and a yield that represents the “risk-free” rate.