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BlackRock Launches Tokenized Funds to Back Stablecoins

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FOMOGRAM Editorial Desk
Aug 3, 2026
AI VERIFIED ANALYSIS
Cointelegraph FEED
BlackRock Launches Tokenized Funds to Back Stablecoins
EXECUTIVE SUMMARY

The world's largest asset manager has launched two blockchain-based money market funds designed to meet the criteria established by the GENIUS Act for stablecoin reserves.

The world's largest asset manager has launched two blockchain-based money market funds designed to meet the criteria established by the GENIUS Act for stablecoin reserves.

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The article discusses BlackRock's launch of tokenized funds but lacks direct relevance to specific cryptocurrencies.

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