BlackRock pushes deeper into tokenization with funds, portfolios and stablecoin reserves

BlackRock has been steadily converting traditional financial products into digital tokens. The list now includes money market funds, Treasury vehicles and, most recently, model portfolios. A busy two months on-chain The latest move came on September 24, 2026. BlackRock and Ondo Finance launched seven tokenized model portfolios. This marks the first time an outside firm has tokenized BlackRock’s model portfolios. The portfolios span several strategies, including high-income, diversified growth and high-growth models. Each one holds a basket of ETFs, and each one trades as a digital token. That launch capped a crowded stretch. In August 2026, BlackRock introduced BSTBL, a tokenized share class of a Treasury liquidity fund worth approximately $7 billion. Alongside it came BRSRV, a vehicle designed to hold stablecoin reserves. Both products run across multiple blockchains through Securitize, the tokenization platform BlackRock has partnered with. The biggest number of the bunch also landed in August 2026. BlackRock tokenized European money market funds totaling $311 billion, using JPMorgan’s Kinexys platform on Ethereum. Why bother putting funds on a blockchain Tokenized funds can sett...