BlackRock's tokenization play 🏛️

The global asset manager has launched tokenized share classes for European money market funds holding a combined $311 billion.

Author

Stephen Graves
August 04, 2026

📝 What you need to know

Asset manager BlackRock's latest tokenization push is bringing on-chain share classes to European money market funds holding $311 billion, minted on Ethereum through JPMorgan's Kinexys and open to professional investors across 13 markets.

It comes on the heels of Monday's launch of tokenized funds recording ownership on Solana, Ethereum and Stripe's Tempo for stablecoin reserves. The firm’s CEO Larry Fink and COO Rob Goldstein have framed tokenization as "the next major evolution in market infrastructure," while BlackRock's broader tokenization strategy has seen its BUIDL tokenized money market fund reach more than $2.6 billion in AUM.

BlackRock Tokenizes $311B of European Money Market Funds With JP Morgan's Kinexys

Europe's largest cash management platform is now issuing tokens on Ethereum, in a launch restricted to professional investors.

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