BlackRock Puts Ethereum at the Center of Tokenization — and XRP, Hyperliquid Are Next in Line!

BlackRock has filed paperwork to launch tokenized money market funds on Ethereum, giving stablecoin holders a regulated, yield-bearing alternative to idle digital dollars. The choice of Ethereum over Solana or other chains is deliberate — Larry Fink, speaking at Davos, framed tokenization as the inevitable direction for the world's largest asset manager, which already has $2.5 billion in its BUIDL fund on-chain.

Beyond Ethereum, institutional signal is building around XRP. Stablecoin supply on the XRP Ledger has doubled to $568 million in five months, and the passage of the GENIUS Act stablecoin bill is being read as a formal permission slip for banks and sell-side institutions to lean into Ripple's cross-border payments infrastructure.

Hyperliquid is also drawing institutional attention. Former Barclays CEO Bob Diamond cited $967 million in 2024 revenue — with 97–99% used to buy back…

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