Brief
BlackRock's purpose-built stablecoin reserve vehicle. New series of BlackRock FundsSM trust filed via SEC 485APOS on May 8, 2026. Securitize as transfer agent. Multi-chain at launch with USDC on-ramp. Filing states the fund intends to operate such that its OnChain Shares will be 'eligible reserve assets' for payment stablecoin issuers under the GENIUS Act.
Recent activity
Latest moves on the changelog feed.
- May 8, 2026NEW
BRSRV. BlackRock Daily Reinvestment Stablecoin Reserve Vehicle — purpose-built fund filed May 8 (CIK 0000844779). Securitize as TA, multi-chain at launch, USDC subscription path. Filing states verbatim: 'eligible reserve assets for payment stablecoin issuers under the GENIUS Act.' Sister product to BSTBL but built for crypto banks and intermediaries serving stablecoin issuers, not TradFi treasury desks.
Snapshot
Key terms and identifiers.
- Asset value
- $0
- Fee
- —
- Custodian
- —
- Structure
- Rule 2a-7 government MMF; OnChain Shares as eligible reserve assets under GENIUS Act
- Chains
- Multi-chain (at launch; specific chains TBD)
- Investor type
- Crypto banks / financial intermediaries whose customers may be payment stablecoin issuers
- As of
- 2026-05
- Asset classes
- Treasuries
- Token standards
- erc-20
- Regulatory
- sec-40-act, us-stablecoin-acts
- Jurisdiction
- US
Milestones
How this player got here.
- May 2026485APOS filing for new fund (CIK 0000844779)
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
