BlackRock files to launch tokenized money-market funds
Updated
Updated · Bloomberg · May 8
BlackRock files to launch tokenized money-market funds
1 articles · Updated · Bloomberg · May 8
The New York-based asset manager plans a digital share class for its roughly $6.1bn BlackRock Select Treasury Based Liquidity Fund on Ethereum.
BSTBL invests in cash, US Treasury bills, notes and other securities with maturities of 93 days or less, and the tokenized shares will operate alongside traditional classes.
The move signals BlackRock expects lasting demand from investors who keep cash in stablecoins rather than bank accounts, expanding products tied to the digital-dollar economy.
Could BlackRock's instant-settlement funds trigger financial runs faster than regulators can react?
Is this move building a new fund, or the rails for a new digital dollar empire?
As the US champions regulated stablecoins, how will rival economic blocs respond with their own digital currencies?
Tokenized Real-World Assets Reach $100B in 2026 as BlackRock’s BUIDL Powers Institutional Crypto Adoption
Overview
In April 2026, OKX, BlackRock, and Standard Chartered launched a pioneering two-way collateral framework allowing institutional clients to hold BlackRock’s yield-generating BUIDL tokens securely in Standard Chartered’s custody while using their value as margin on OKX. This integration enhances capital efficiency by turning idle collateral into a productive asset with potential yields of 3.4%-10.3% APY, improves security through asset segregation, and proves the scalability of tokenized real-world assets in institutional workflows. Despite risks like counterparty concentration and regulatory uncertainty, BlackRock’s expansion of BUIDL across multiple blockchains and partnerships with platforms like UniswapX signal strong momentum toward a multi-trillion-dollar tokenized asset market bridging traditional finance and DeFi.