BlackRock expands tokenized cash with new blockchain-based money market offerings

# BlackRock expands tokenized cash with new blockchain-based money market offerings

> Evidence tier: B1
> Evidence type: Independent digital asset media report
> Source: [CoinDesk](https://www.coindesk.com/business/2026/08/03/blackrock-expands-tokenized-cash-with-new-blockchain-based-money-market-offerings)
> Published: 2026-08-03
> Captured: 2026-08-03T14:30:21.572Z

## Source summary

CoinDesk reports that BlackRock introduced an Ethereum-based tokenized share class for its Select Treasury Based Liquidity Fund and a multi-chain Daily Reinvestment Stablecoin Reserve Vehicle, with Securitize acting as transfer agent and tokenization provider. BlackRock says both products are intended to qualify as eligible reserves for permitted U.S. payment-stablecoin issuers under the GENIUS Act.

## Why it matters

Reserve assets are a core operating dependency for payment stablecoins: their liquidity, legal eligibility and settlement availability affect redemption and confidence across cross-border payment routes. The products widen institutional reserve options, but 'intended to qualify' is not regulatory confirmation, and the report does not establish adoption by issuers or achieved payment volume.

## Key numbers

- **Assets in BlackRock's existing BUIDL tokenized fund:** about $2.5 billion
- **U.S. money-market fund assets cited:** more than $8.4 trillion

## Topics and entities

- Industry lane: Web3 & stablecoin payments
- Entities: BlackRock / Securitize
- Web3 payments
- Cross-border payments
- Payment infrastructure

## Evidence and credibility note

Do not bypass subscription controls or republish restricted text. Keep permitted headline, date, metadata and direct link visible; use authorized UVA research access or public corroboration for body validation. Automatically extracted metadata and material claims should be checked against the linked original before investment use.

Date evidence: Automatically verified from JSON-LD datePublished: 2026-08-03T13:15:46.608Z

## First-party corroboration

No directly corresponding A1 company announcement is currently linked.

## Original-source traceback

[Open the original CoinDesk report](https://www.coindesk.com/business/2026/08/03/blackrock-expands-tokenized-cash-with-new-blockchain-based-money-market-offerings)

---

This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.