Blackrock now manages $2.93 billion in tokenized assets onchain, with Ethereum leading the pack ahead of Avalanche, Solana, and BNB Chain.
Key Takeaways
Blackrock’s tokenized funds hold $2.93B onchain, led by Ethereum at $1.1B.Moody’s rated the $2.58B BUIDL fund AAA-mf in 2026, its top grade for a tokenized money market product.Blackrock filed with the SEC on May 8 for two new tokenized funds, BSTBL and BRSRV, aimed at stablecoin holders.Looking ahead, SEC approval and launch timing for BSTBL and BRSRV will determine how fast Blackrock’s onchain total climbs from here and whether the firm can convert its early lead in tokenized cash management into the kind of dominance it already enjoys in exchange-traded funds (ETFs).


















