According to CoinDesk, BlackRock has launched two new tokenized money market products, including the BlackRock Select Treasury Based Liquidity Fund (BSTBL), which issues shares on the Ethereum blockchain, and the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV), which supports multi-chain access and daily dividend reinvestment. Both funds plan to apply under the GENIUS Act to qualify as reserve assets for U.S.-compliant payment stablecoin issuers. BlackRock stated that it currently manages approximately $60 billion in reserves for Circle and aims to become the preferred reserve manager in the stablecoin industry. https://(wublock123.com)/news/blackrock-launches-two-tokenized-money-market-products-65811