jonmai

BlackRock Just Filed Two Tokenized Money Market Funds for Stablecoin Users BlackRock submitted SEC filings for two tokenized money market funds built specifically for people who hold cash in stablecoins rather than bank accounts. BSTBL — a digital share class of BlackRock's existing $6.1B Select Treasury Liquidity Fund, investing in cash and short-term US Treasuries. Available on Ethereum. BRSRV — a brand new fund designed for crypto wallet users, launching across multiple blockchains. Their BUIDL fund already hit $2.5B. Larry Fink believes every financial asset will eventually be tokenized. BlackRock's cash management just crossed $1 trillion in AUM — and they're betting the next trillion flows through stablecoin rails. This isn't experimentation anymore. Wall Street is going on-chain.#BlackRockPlansMoneyMarketFundsforStablecoinUsers #CLARITYActHearingSetforMay14