BlackRock launched tokenized money market funds on Solana and Ethereum. Ethereum reaching $6,500 by December 31, 2026 at 2.8% YES.

Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act.

BlackRock filed SEC registrations for BSTBL and BRSRV tokenized money market funds, targeting stablecoin holders with on-chain Treasury yields