Tokenised UCITS money market fund share classes
BlackRock, asset manager, on Ethereum since August 2026.
Tokenised share classes across six Institutional Cash Series UCITS funds in USD, EUR and GBP, on public Ethereum, with Kinexys by J.P. Morgan as tokenisation platform and transfer agent. CAVEAT: the $311B figure is the AUM of the whole underlying fund range, NOT the tokenised amount; no on-chain figure has been published.
In the record
0
months from first observation to the record's assessment of August 2026
17
asset manager rows in the record, this one included
45
rows filed to Ethereum by their sources
What it bears on
R1Can we hold and administer this the way we hold everything else?
available
Qualified custody, fund administration and in-kind creation are available from named providers under existing mandates.
R3Do we know what this instrument is, legally, in every venue we operate?
needs design
ETH is a digital commodity in the United States and stablecoin law is in force. Market-structure legislation stalled, and jurisdictions are diverging.
R6Who is the counterparty when there is no counterparty?
needs design
An ownerless system meeting procurement built for vendors. Six organisations can take your first call, and our own unincorporated status is part of this problem, not outside it.