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Policy

BlackRock Launches BSTBL and BRSRV Tokenized Funds

BlackRock launched BSTBL and BRSRV tokenized money market funds. BSTBL operates on the Ethereum blockchain. BRSRV is designed for stablecoin reserves and supports multiple blockchains. BlackR

AnonymousCryptoCompass newsroom
August 3, 2026
2 min read
NEWS
BlackRock Launches BSTBL and BRSRV Tokenized Funds
CryptoCompass editorial visual for policy coverage.
  • BlackRock launched BSTBL and BRSRV tokenized money market funds.
  • BSTBL operates on the Ethereum blockchain.
  • BRSRV is designed for stablecoin reserves and supports multiple blockchains.

BlackRock Tokenized Money Market Funds Debut

BlackRock has introduced two new blockchain-based investment products, BSTBL and BRSRV, marking another step in the firm’s expansion into tokenized financial assets.

The launch reflects growing institutional interest in tokenization, which uses blockchain technology to represent traditional financial instruments in digital form. Tokenized money market funds aim to provide investors with more efficient settlement, improved transparency, and around-the-clock accessibility.

BSTBL and BRSRV Serve Different Roles

The newly launched BSTBL fund is built on the Ethereum blockchain, allowing investors to access tokenized money market exposure through one of the world’s largest smart contract networks.

Meanwhile, BRSRV is designed to support stablecoin reserves and is compatible with multiple blockchain networks, offering greater flexibility for digital asset issuers and financial institutions managing reserve assets.

The dual-fund approach enables BlackRock to serve both blockchain-native applications and broader institutional use cases.

NEW: BlackRock launches BSTBL and BRSRV tokenized money market funds.BSTBL runs on Ethereum, while BRSRV supports stablecoin reserves and multiple blockchains. pic.twitter.com/L5ELUbnFvH

— Cointelegraph (@Cointelegraph) August 3, 2026

Tokenization Continues to Gain Momentum

The launch of BlackRock tokenized money market funds highlights the accelerating adoption of blockchain technology within traditional finance.

Major asset managers and financial institutions are increasingly exploring tokenized funds as a way to modernize cash management and settlement infrastructure. As demand for blockchain-based financial products grows, tokenized money market funds are expected to play a larger role in connecting traditional capital markets with digital asset ecosystems.

The introduction of BSTBL and BRSRV further reinforces BlackRock’s commitment to expanding its presence in the rapidly evolving tokenization market.