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BlackRock Files With SEC for Tokenized Share Classes of Treasury Funds

BlackRock filed paperwork with the SEC on May 9, 2026, to launch the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, which will issue OnChain Shares on public blockchains. The firm also proposed an onchain share class for its BlackRock Select Treasury Based Liquidity Fund, which has nearly $7 billion in assets under management.

CoinDesk
uctoday.com
2 sources·May 9, 1:57 PM(20 days ago)·1m read
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BlackRock Files With SEC for Tokenized Share Classes of Treasury FundsCoinDesk
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BlackRock filed paperwork with the SEC on May 9, 2026, to launch the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle. U.S. Treasury securities, and overnight repurchase agreements backed by Treasuries.

It will issue OnChain Shares through a permissioned system connected to multiple public blockchains, though the filing did not disclose which blockchains it will initially support. Securitize Transfer Agent LLC will maintain the official ownership records for the tokenized shares of the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle. Investors face a $3 million minimum investment.

U.S.

Law that establishes a regulatory framework for payment stablecoins. m. Separately, BlackRock filed paperwork to create an onchain share class for its BlackRock Select Treasury Based Liquidity Fund.

9 billion according to another tally. BNY Mellon Investment Servicing would maintain official ownership records on Ethereum using ERC-20 token standards. Blockchain records, combined with offchain identity systems linking wallets to investors, would serve as the official shareholder registry for the BlackRock Select Treasury Based Liquidity Fund onchain shares.

The tokenized version is built on Ethereum. BlackRock oversees $14 trillion in assets. The filings deepen the firm's longstanding commitment to tokenized finance. 5 billion in assets.

The tokenized real-world asset market exceeds $30 billion. xyz data. 9 trillion by 2033.

BlackRock CEO Larry Fink has repeatedly backed tokenization as a way to modernize financial infrastructure. The new vehicles add to a series of steps that have positioned BlackRock as a central player in bridging traditional asset management with blockchain rails.

Key Facts

BlackRock filed for new tokenized Treasury vehicle on May 9,
The BlackRock Daily Reinvestment Stablecoin Reserve Vehicle invests in cash, short-term U.S. Treasuries and overnight repo; issues OnChain Shares on multiple pu
BlackRock Select Treasury Based Liquidity Fund to gain oncha
The fund holds nearly $7 billion or $6.9 billion AUM; BNY Mellon will record ownership on Ethereum via ERC-20; blockchain plus offchain identity serves as offic
Tokenized RWA market surpasses $30 billion after 200% growth
Market has grown more than 200% in past year per rwa.xyz; BCG and Ripple project $18.9 trillion by 2033; BlackRock's BUIDL fund reached $2.5 billion since 2024

Story Timeline

4 events
  1. 2026-05-09 13:57

    CoinDesk publishes article detailing BlackRock's two SEC filings for tokenized funds

    1 sourceCoinDesk
  2. 2026-05-09

    BlackRock files paperwork with the SEC for the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle and onchain share class for BlackRock Select Treasury Based Liquidity Fund

    2 sourcesCoinDesk · uctoday.com
  3. 2024

    BlackRock launches its first tokenized money-market fund, BUIDL, with Securitize

    1 sourceCoinDesk
  4. 2025

    GENIUS Act establishes regulatory framework for payment stablecoins

    1 sourceuctoday.com

Potential Impact

  1. 01

    Further institutional adoption of onchain ownership records using permissioned blockchain systems and offchain identity linking

  2. 02

    Increased use of Ethereum and ERC-20 standards for recording ownership in traditional money-market funds

  3. 03

    Stablecoin issuers gain new eligible reserve asset under 2025 GENIUS Act, potentially increasing demand for BlackRock's tokenized Treasury products

  4. 04

    Expansion of tokenized real-world asset market that has already grown over 200% year-over-year toward long-term projection of $18.9 trillion by 2033

Transparency Panel

Sources cross-referenced2
Confidence score75%
Synthesized bySubstrate AI
Word count243 words
PublishedMay 9, 2026, 1:57 PM
Bias signals removed1 across 1 outlet
Signal Breakdown
Framing 1

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