[CLSTR]
< Back to situation

[REVISION HISTORY]

BlackRock tokenized money‑market funds rollout

Updated 3 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-07 00:23 UTC → 2026-08-07 18:39 UTC · added removed

BlackRock’s tokenised share classes for its Institutional Cash Series money‑market funds, launched funds debuted on 3 August 2026 on Ethereum via JPMorgan’s Kinexys platform, now cover about covering roughly $311 billion and are available to approved institutional investors across in 15 European jurisdictions and Singapore. The funds invest in cash, short‑term U.S. Treasury securities and overnight repos, meeting satisfying the U.S. GENIUS Act reserve‑asset criteria. On 5 August 2026 BlackRock expanded the suite was expanded with additional blockchain‑based money‑market products, emphasizing 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 rose rising to $7.4 billion, more than three‑fold year‑over‑year, while overall total DeFi deposits fell about 15%. 15 %. Yield‑bearing stablecoins stablecoins, led by Sky Protocol’s USDS, and tokenised U.S. Treasury products led 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% 220 % YoY, with about 70% 70 % of RWA collateral residing on Ethereum. The report’s authors linked 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 surge to investor demand 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 low‑volatility, on‑chain yield products. Circle’s USDC, deepening its role in the regulated stablecoin infrastructure alongside peers such as State Street and Invesco.

Versions

  1. 2026-08-07 18:39 UTC BlackRock tokenized money‑market funds rollout
  2. 2026-08-07 00:23 UTC BlackRock tokenized money‑market funds rollout
  3. 2026-08-06 18:31 UTC BlackRock tokenized money‑market funds rollout
  4. 2026-08-05 10:02 UTC BlackRock tokenized money‑market funds rollout

Only revisions since CLSTR began indexing content versions appear here. Select a version to see what changed compared to the one before it.