PANews
PANews|May 09, 2026 00:02
[BlackRock Plans to Launch Two Tokenized Money Market Funds for Stablecoin Holders] According to Bloomberg, BlackRock is planning to launch two tokenized money market funds aimed at stablecoin holders, rather than traditional bank account customers. One of them is a digital share class of the BlackRock Select Treasury Liquidity Fund, which invests in cash, U.S. Treasury securities, and other instruments maturing within 93 days, and will be issued on the Ethereum blockchain. The other is the newly established BlackRock Daily Reinvestment Stablecoin Reserve Fund, targeting investors managing finances through crypto wallets and stablecoins, and will be launched across multiple blockchains. BlackRock CEO Larry Fink has repeatedly stated that all financial assets will eventually be tokenized. BlackRock's previously launched BUIDL Fund in 2024 currently has a scale of approximately $2.5 billion.
+6
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads