BlackRock launches two tokenized Treasury funds, BSTBL and BRSRV
BLK Blackrock Inc
$1065.35 -0.40%
View chart & analysis → - 1BlackRock (BLK) has added two new tokenized Treasury funds to its on-chain cash-management lineup.
- 2BSTBL tokenizes its existing $6.2 billion Treasury liquidity fund as an Ethereum share class, while BRSRV is a newly created multi-chain fund.
- 3Both funds aim to qualify as eligible reserve assets for licensed U.S. stablecoin issuers.
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