BlackRock debuts tokenized access to $311 billion of money market funds in Europe

FinanceBlackRock debuts tokenized access to $311 billion of money market funds in EuropeEarlier this week, BlackRock expanded its U.S. tokenized cash platform which involved offering onchain shares of an existing fund, plus a new daily reinvestment stablecoin fund.By Ian Allison|Edited by Sheldon Reback Aug 4, 2026, 10:03 a.m. 2 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowBlackRock’s new European-focused offerings provide tokenized functionality to a combined $311 billion of assets under management of money market funds across 15 markets.This includes sterling, euro and dollar share classes, BlackRock said.BlackRock (BLK), the world's largest asset manager, is building on its recent expansion of tokenized cash offerings in the U.S. by tapping into a combined $311 billion of assets under management in European money market funds in a sign of the growing appeal of holding real-world assets on blockchain technology.BlockRock unveiled 12 new tokenized share classes based on six funds across 15 European markets. The funds, which comply with the European Union's UCITS regulations, include sterling, euro and dollar share classes, the asset manager said Tuesday. The move comes one day after the firm added two tokenized cash offerings in the U.S.CEO Larry Fink has repeatedly championed tokenization technology as a way to modernize financial markets. The tokenized real-world asset market has grown more than 200% over the past year to over $30 billion, according to rwa.xyz, while Citi projects tokenized securities could reach $5.5 trillion by 2030.The tokenized funds are designed for corporate treasurers who already use money market funds to manage operating and reserve cash, as well as at asset managers and investment consultants across traditional and digital markets, BlackRock said.“This is what investors want in cash management: size and liquidity,” the company's global head of cash distrib…

BlackRock debuts tokenized access to $311 billion of money market funds in Europe

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