BlackRock Unveils Tokenized Funds to Bolster Stablecoin Issuers
BlackRock, the world's largest asset management corporation with $15.34 trillion in assets under management as of July 15, 2026, has launched two tokenized fund shares to bring institutional and stablecoin issuers' asset management on-chain.
The company filed paperwork for both funds with the US Securities and Exchange Commission (SEC) just a few months back on May 8, 2026. The first is the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV), which runs on multiple chains and 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).
The second fund 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.