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The funds include a digital class of shares tied to the BlackRock Select Treasury Based Liquidity Fund and the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, a newly created tokenized money-market fund. Their filings come as passage of the Genius Act accelerates demand for blockchain-native reserve assets.
BUIDL, launched in 2024, has grown into one of the largest funds in its category. BlackRock’s push into tokenization has been championed by Chief Executive Officer Larry Fink, who has repeatedly said that every financial asset will eventually be tokenized — a view he reiterated in his latest annual letter to investors.
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