BlackRock expands tokenized cash with new blockchain-based money market offerings

FinanceBlackRock expands tokenized cash with new blockchain-based money market offeringsBoth funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act.By Ian Allison|Edited by Stephen AlpherUpdated Aug 3, 2026, 1:45 p.m. Published Aug 3, 2026, 1:15 p.m. 2 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowThe BlackRock Select Treasury Based Liquidity Fund (BSTBL), a tokenized share class on Ethereum for an existing BlackRock money market fund.A new BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV) has also been unveiled with daily dividend reinvestment and access across multiple blockchains.BlackRock, the world’s largest asset manager, has expanded its tokenized cash platform, introducing a couple of new tokenized money market products, the firm said on Monday.Back in May of this year, BlackRock filed for the new products with the U.S. Securities and Exchange Commission (SEC). BlackRock is offering onchain shares of the BlackRock Select Treasury Based Liquidity Fund (BSTBL), a tokenized share class on Ethereum for an existing BlackRock money market fund. In addition, a new BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV) has also been unveiled with daily dividend reinvestment and access across multiple blockchains, said BlackRock in a press release.Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act, the asset manager said. Securitize serves as BRSRV’s transfer agent and tokenization provider.The move deepens BlackRock’s push into tokenized finance, blockchain-based representations of traditional financial assets such as funds, bonds or equities. Advocates say the technology can speed up settlement, enable round-the-clock trading and improve transparency.In 2024, BlackRock launched its first tokenized money-market fund, BUIDL, with S…

BlackRock expands tokenized cash with new blockchain-based money market offerings

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