BlackRock launches stablecoins money-market funds. The investment giant has filed paperwork to launch two new money-market funds targeting stablecoin investors. The first is a digital version of its $6.1 billion BlackRock Select Treasury Based Liquidity Fund, available on Ethereum blockchain. The second, BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, is designed for crypto wallet users and will operate across multiple blockchains. These moves come as the proposed Genius Act pushes demand for dollar-backed stablecoins and tokenized reserve assets. The tokenized assets market has surged 410% since 2025 to approximately $31 billion, reflecting Wall Street's growing appetite for crypto-native capital and blockchain-based financial products.
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