STBL

BlackRock
2026-07-13 08:27:48

BlackRock’s tokenized on-chain assets reach $2.93 billion, with Ethereum leading at $1.1 billion

BlackRock now manages $2.93 billion in tokenized on-chain assets, according to Odaily, with Ethereum accounting for $1.1 billion and ranking ahead of Avalanche, Solana, and BNB Chain. The firm’s main on-chain exposure is concentrated in the BlackRock USD Institutional Digital Liquidity Fund, or BUIDL, which BlackRock and issuance platform Securitize launched in 2024. The fund holds cash, U.S. Treasuries, and repurchase agreements, while investor interests are represented as blockchain-based tokens. BUIDL has since expanded beyond Ethereum to eight networks: Solana, Polygon, Avalanche, Arbitrum, Optimism, Aptos, and BNB Chain. Separately, Bitcoin.com News reported that on May 8 BlackRock filed paperwork with the U.S. Securities and Exchange Commission for two new tokenized money market funds, BSTBL and BRSRV. The planned products are aimed at stablecoin issuers and holders.

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BlackRock’s tokenized on-chain assets reach $2.93 billion, with Ethereum leading at $1.1 billion