Crypto Revenue Models Evolve into Banking-Like Structure

Crypto revenue models are taking on characteristics similar to traditional banking systems.

The industry is shifting towards stablecoin reserves, tokenized funds, interest on U.S. Treasuries, and treasury management as core revenue streams.

BlackRock has launched two tokenized money market products that allow for the management of stablecoin issuer reserves in line with the U.S. GENIUS Act.

The products include a tokenized stake in a U.S. Treasury liquidity strategy on Ethereum and an institutional-only money market product for the digital asset market, supporting multiple blockchains.