BlackRock, a major US asset management firm, has announced the launch of two new types of tokenized money market funds that can also be utilized as reserve assets for stablecoins. These include 'BSTBL', a tokenized version of an existing fund, and 'BRSRV', a newly established tokenized fund.
Money market funds invest in highly secure assets such as short-term government bonds and cash, aiming to provide a relatively stable yield...
