BlackRock Tokenizes $150B Fund—Wall Street Finally Wakes Up to Blockchain

BlackRock just dropped a bombshell: its $150 billion institutional fund is going on-chain. The move signals a seismic shift—traditional finance giants are no longer just dabbling in crypto, they’re all-in.

Why this matters: Tokenization unlocks 24/7 trading, fractional ownership, and instant settlements. The same old fund—now turbocharged with blockchain’s efficiency.

The cynical take: Only took them a decade and a bear market to realize what crypto natives knew in 2017. Better late than never for the ’smart money.’

BlackRock has officially filed to tokenize shares of its massive $150 billion money market fund, marking a major step toward merging traditional finance with blockchain technology. The offering is specifically aimed at institutional investors, requiring a minimum investment of $3 million. This initiative highlights growing institutional interest in digital assets and blockchain’s role in the future of finance, as major players like BlackRock push the boundaries of how financial products are structured and accessed.