BlackRock Launches Tokenized Money Market Fund on Solana & Ethereum
BlackRock has launched BRSRV, a tokenized money market fund for stablecoin reserves, with ownership recorded on Solana, Ethereum, and Tempo. The fund invests entirely in cash and short-term U.S. Treasuries, not cryptocurrencies.
Key Stats:
1. $3M minimum investment
2. BUIDL fund manages over $2.6B in assets
3. Built for institutional stablecoin reserve management
4. Available on Solana, Ethereum, and Tempo
#blackRock #Ethereum #Tokenization #blockchain
BlackRock has launched BRSRV, a tokenized money market fund for stablecoin reserves, with ownership recorded on Solana, Ethereum, and Tempo. The fund invests entirely in cash and short-term U.S. Treasuries, not cryptocurrencies.
Key Stats:
1. $3M minimum investment
2. BUIDL fund manages over $2.6B in assets
3. Built for institutional stablecoin reserve management
4. Available on Solana, Ethereum, and Tempo
#blackRock #Ethereum #Tokenization #blockchain