BlackRock Targets Stablecoin Issuers and Institutions in Latest Tokenized Funds
BlackRock, the world’s largest asset management corporation ($15. 34 trillion in assets under management or AUM as of July 15, 2026), has today launched two tokenized fund shares to bring institutional and. . .
BlackRock, the world’s largest asset management corporation ($15. 34 trillion in assets under management or AUM as of July 15, 2026), has today launched two tokenized fund shares to bring institutional and stablecoin issuers’ asset management on-chain. The event comes after the company filed paperwork for both funds with the US Securities and Exchange Commission (SEC) just a few months back on May 8, 2026. BlackRock BRSRV tokenized fundThe first is the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV), which runs on multiple chains. This tokenized money market fund (tMMF) enables stablecoin issuers and digital-native institutions to earn yield on their assets. The fund primarily holds cash, short-term US Treasuries, and overnight repurchase agreements, with daily dividend re-investment. It is provided in conjunction with Securitize, a leading tokenizer of Real-World Assets (RWAs). BlackRock BSTBL tokenized fundThe second is the BlackRock Select Treasury Based Liquidity Fund (BSTBL), which exclusively runs on Ethereum. This fund will move one of the company’s pre-existing institutional funds worth $6. 1 billion into the digital asset ecosystem. Like its sister, the fund will invest in similar highly liquid, ultra-low-risk assets, but this time, BNY Mellon will act as the tokenization provider. Notably, thetwo fundsalign with the GENIUS Act, which requires that stablecoin issuers back their tokens 1:1 with premium, low-risk reserves. In addition to BlackRock’s existing multi-chain flagship, BlackRock USD Institutional Digital Liquidity Fund (BUIDL), the new funds now expand the company’s tokenized portfolio to three funds. Earnings report and RWA market overviewJust over two weeks ago,BlackRockreleased its earnings report, posting a 31% increase in revenue year-over-year. Its AUM is also at an all-time high, driven by market dominance and client demand. While it maintains a huge share of the tokenized fund market, some of its closer rivals include Ondo Finance and Franklin Templeton. Source:rwa. xyzMeanwhile, the broader tokenized RWA market value has risen to $37. 29 billion, up from $25. 4 billion at the beginning of the year. Source:rwa. xyzStory Ends HereTrust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors. Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices. Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners. Read the Next News