BSTBL and BRSRV combine the liquidity and stability of regulated money market funds with the efficiency of blockchain-based infrastructure
NEW YORK — Today, BlackRock expanded its cash management strategy with the launch of two tokenized money market products: the OnChain Shares of the BlackRock Select Treasury Based Liquidity Fund ("BSTBL") and the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle ("BRSRV").
The new products combine BlackRock's money market capabilities with blockchain-based infrastructure while maintaining the liquidity and stability, investors expect from regulated money market funds*.
"Cash remains a foundational building block for investors, corporations, and financial institutions," said Jon Steel, Global Head of Product and Platform for BlackRock's Cash Management business. "U.S. money market funds have grown to more than $8.4 trillion in assets as investors continue to prioritize liquidity, capital preservation, and yield. As demand grows for high-quality reserve assets to support stablecoins and other tokenized financial products, these funds provide clients with additional choice in how they access and use money market fund investment solutions across traditional and digital markets.”
BSTBL introduces a tokenized share class on the Ethereum blockchain of an existing money market fund. The OnChain Shares extend a scaled cash management strategy into a digital format and can be transferred between approved investor wallets, subject to applicable law. BNY Mellon serves as a transfer agent and tokenization provider for the BSTBL OnChain Shares.
BRSRV is a newly launched tokenized money market fund designed for digitally native institutional investors. The fund includes features such as daily dividend reinvestment and multi-blockchain accessibility and can be used for a range of digital asset use cases, including stablecoin reserve management. Securitize serves as BRSRV’s transfer agent and tokenization provider.
Both funds seek current income consistent with liquidity and stability of principal by investing in cash, short-term U.S. Treasury securities, and overnight repurchase agreements backed by U.S. Treasury securities.
BlackRock's Cash Management Group oversees nearly $1.1 trillion in cash strategies for a diverse range of investors, including corporations, banks, foundations, insurance companies, and public funds*.
About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
1 Securities Exchange Commission as of May 2026
About Securitize
Securitize, the world’s leader in tokenizing real-world assets with $5B+ AUM (as of July 2026), is bringing the world onchain through tokenized funds in partnership with top-tier asset managers, such as Apollo, BlackRock, BNY, Hamilton Lane, KKR, VanEck and others.
In the U.S., Securitize operates through its affiliates, including Securitize Markets, LLC, an SEC-registered broker-dealer and member FINRA/SIPC that operates an SEC-regulated Alternative Trading System (ATS); Securitize Transfer Agent, LLC, an SEC-registered transfer agent; Securitize Capital LLC, an SEC-registered investment adviser; and Securitize Fund Services, LLC, which provides fund administration services. Registration as an investment adviser does not imply a certain level of skill or training, nor does it constitute an endorsement of the firm by the Commission. In Europe, Securitize operates through its affiliate Securitize Europe Brokerage and Markets, S.A., which is fully authorized as an Investment Firm and operates a Trading & Settlement System (TSS) under the EU DLT Pilot Regime, making Securitize Corp. currently the only company, based on its existing U.S. and EU regulatory authorizations, licensed to operate regulated digital-securities infrastructure across both the U.S. and EU. Securitize has also been recognized as a 2026 Forbes Top 50 Fintech company.
For more information, please visit:
Website | X/Twitter | LinkedIn
*Disclosures:
Liquidity and stability are investment objectives and are not guaranteed. Investing in BSTBL or BRSRV involves risk, including possible loss of principal. Although each fund seeks to preserve the value of an investment at $1.00 per share, there is no guarantee that it will do so. An investment is not a bank deposit and is not insured or guaranteed by the FDIC or any other government agency. Blockchain-based shares also involve regulatory, operational, technological, privacy and security risks. Investors should carefully review the applicable prospectus before investing.
Source: Securitize (NYSE: SECZ)