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[SITUATION] · [ACTIVE]

3 clusters · 36 sources · 5 days · First seen 5 days ago · Last updated 1 day ago

Categories: BUSINESS · TECHNOLOGY

BlackRock tokenized money‑market funds rollout

Entities: BlackRock · Genius Act · Ethereum · BSTBL · Jon Steel

Overview

BlackRock’s tokenised share classes for its Institutional Cash Series money‑market funds debuted on 3 August 2026 on Ethereum via JPMorgan’s Kinexys platform, covering roughly $311 billion and available to approved institutional investors in 15 European jurisdictions and Singapore. The funds invest in cash, short‑term U.S. Treasury securities and overnight repos, satisfying the U.S. GENIUS Act reserve‑asset criteria. On 5 August the suite was expanded with additional blockchain‑based money‑market products, highlighting near‑instant settlement, 24/7 liquidity and reduced counter‑party risk.

A CoinShares‑Token Terminal report for Q2 2026 showed tokenised real‑world‑asset deposits on blockchain platforms rising to $7.4 billion, more than three‑fold year‑over‑year, while total DeFi deposits fell about 15 %. Yield‑bearing stablecoins, led by Sky Protocol’s USDS, and tokenised U.S. Treasury products drove the growth; BlackRock’s USD Institutional Digital Liquidity Fund was cited among the top tokenised Treasury offerings. Spot‑trading volume for RWAs jumped roughly 220 % YoY, with about 70 % of RWA collateral residing on Ethereum, and decentralized‑exchange volume declined around 70 %.

On 7 August BlackRock announced two new blockchain‑based money‑market funds aimed at stablecoin issuers under the GENIUS Act: the BlackRock Select Treasury Based Liquidity Fund (BSTBL), which tokenises shares of an existing Treasury‑focused fund on Ethereum, and the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV), a newly created fund that reinvests income daily and operates across multiple blockchains. The firm already manages roughly $60 billion of reserves for Circle’s USDC, deepening its role in the regulated stablecoin infrastructure alongside peers such as State Street and Invesco.

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 4 SOURCES] Tokenized real‑world asset deposits on‑chain reached $7.4 billion in Q2 2026. (CoinShares and Token Terminal report)
[● 4 SOURCES] Overall DeFi deposits declined about 15% year‑over‑year in the same period. (CoinShares and Token Terminal report)
[● 2 SOURCES] Yield‑bearing stablecoins and tokenized U.S. Treasury products are the largest categories of tokenized RWAs. (CoinShares report)
[● 2 SOURCES] Spot‑trading volume of tokenized RWAs increased roughly 220% YoY while overall DEX volume fell about 70%. (CoinShares and Token Terminal report)
[● 2 SOURCES] Jean‑Marie Mognetti said RWA growth is driven by financial utility, not market cycles. (CoinShares CEO Jean‑Marie Mognetti)
[○ 1 SOURCE] Approximately 70% of tokenized RWA collateral is built on the Ethereum network. (CoinShares report)
[○ 1 SOURCE] Sky Protocol’s USDS was the leading yield‑bearing stablecoin RWA in Q2 2026. (CoinShares report)
[○ 1 SOURCE] BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) is cited as a tokenized Treasury offering. (CoinShares report)

Timeline

1 day ago

[BUSINESS] 4 sources
BlackRock launches tokenized money‑market funds for stablecoin reserves
BlackRock launched two tokenized money‑market funds on Ethereum to provide reserve assets for U.S. stablecoin issuers under the GENIUS Act, expanding its role in the $300 bn stablecoin market.
3 days ago

[TECHNOLOGY] 13 sources
CoinShares Report Shows Tokenized Real-World Asset Deposits Triple to $7.4B as DeFi Declines
CoinShares and Token Terminal report tokenized real‑world asset deposits hit $7.4 B in Q2 2026, tripling YoY, while overall DeFi deposits fell 15%; stablecoins and tokenized Treasuries lead growth on Ethereum.
5 days ago

[BUSINESS] 23 sources
BlackRock launches $311 billion tokenized money‑market funds in Europe
BlackRock tokenised $311 billion of European money‑market funds on Ethereum via JPMorgan’s Kinexys, extending its U.S. tokenised fund rollout and targeting institutional investors under the GENIUS Act.

Sources

awreferencement.com · blockonomi.com · catania7.com · cn.dailyeconomic.com · coincu.com · coindeskjapan.com · coingape.com · coinpedia.org · cointelegraph.com · criptoinforme.com · crypto-reporter.com · crypto.news · cryptoast.fr · cryptobreaking.com · cryptobriefing.com · cryptonomist.ch · etfmarknaden.se · evere.co · expansion.com · fighthistory.com · floranews.nl · it-boltwise.de · motorsiden.dk · mountainhardwear.eu · nativenewsonline.net · neweconomy.jp · news.bitcoin.com · osnews.pl · police.cz · sqwosh.com · stocktitan.net · sugermint.com · techbullion.com · theclintoncourier.net · theedadvocate.org · theyoungeagles.net

This summary has been updated 3 times: see revision history