BlackRock Launches Two Tokenized Money Market Products BSTBL and BRSRV

TechFlow news, August 03: According to an official press release from Securitize, BlackRock announced on August 3, 2026, the expansion of its cash management strategy, officially launching two tokenized money market products: the Ethereum blockchain-based BlackRock Select Treasury Based Liquidity Fund on-chain shares (BSTBL) and the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV).

BSTBL is a tokenized share class of existing money market funds, supporting transfers between compliant investor wallets, with BNY Mellon serving as transfer agent and tokenization service provider; BRSRV is a new tokenized money market fund for native digital institutional investors, supporting daily dividend reinvestment and multi-chain access, usable for stablecoin reserve management and other digital asset scenarios, with Securitize serving as tokenization service provider. Both products invest in cash, short-term U.S. Treasuries, and overnight repurchase agreements, aiming to generate current yield while maintaining liquidity and principal stability. Currently, the size of cash strategies managed by BlackRock Cash Management Group is nearly $1.1 trillion.