BlackRock files for two new onchain funds — a tokenized Treasury vehicle and a $7B money-market share class on Ethereum!

BlackRock, the $14 trillion asset manager, filed paperwork with the SEC on Friday to launch the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle — a new tokenized fund investing in cash, short-term U.S. Treasuries, and overnight repo agreements. The fund will issue permissioned OnChain Shares across public blockchains, with Securitize Transfer Agent LLC maintaining the official ownership registry. Minimum investment is $3 million; the specific blockchains were not disclosed in the filing.

In a separate filing, BlackRock proposed creating an onchain share class for its BlackRock Select Treasury Based Liquidity Fund, a traditional money-market fund with nearly $7 billion in AUM. That structure would run on Ethereum using ERC-20 token standards, with BNY Mellon Investment Servicing maintaining the official shareholder registry on-chain, linked to offchain identity records.

The…