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Oluwapelumi Adejumo

BlackRock files May 8 for BSTBL and BRSRV tokenized money market funds on Ethereum

BlackRock submitted May 8 paperwork to the SEC seeking to launch two tokenized money market funds, including a blockchain share class for the $6.1 billion BSTBL treasury fund and a new vehicle called BRSRV. The tokenized BSTBL class is slated for Ethereum, while BRSRV is designed for multi-chain deployment and targets short-term US government obligations.
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