BlackRock Expands Tokenized Fund Suite to Two Products on Blockchain
BlackRock expanded its tokenized fund suite from one to two products, integrating blockchain to cut settlement cycles and reduce operational costs. It plans to open its tokenized platform to third-party issuers by year-end.
1. BlackRock Doubles Tokenized Offerings
BlackRock announced an expansion of its tokenized fund program from a single pilot to two fully tokenized products. The move leverages distributed ledger technology to accelerate settlement times—slashing traditional T+2 cycles—and aims to lower back-office costs. Management also revealed plans to onboard external asset managers to the blockchain platform by the end of the year, opening the model beyond internal funds and positioning the firm at the forefront of digital fund innovation.