May. 9 at 4:09 AM
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https://x.com/i/trending/2052933381592162811?s=20
"BlackRock Files for Tokenized Money-Market Funds on Ethereum
Last updated
8 minutes ago
The firm filed with the SEC to launch DLT shares for its
$6.1 billion BlackRock Select Treasury Based Liquidity Fund on Ethereum, alongside a new multi-chain fund called BlackRock Daily Reinvestment Stablecoin Reserve Vehicle. Both target crypto wallet users by offering regulated yields on low-risk assets like U.S. Treasuries with maturities under 93 days, building on BlackRock's BUIDL fund that hit over
$2 billion in early 2026. This move aims to tap trillions in stablecoin holdings with blockchain perks like instant settlement, though SEC approval remains uncertain amid ongoing scrutiny.
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https://x.com/WatcherGuru/status/2052929965201494409?s=20