BlackRock, the world’s largest asset manager, has filed applications with the U.S. Securities and Exchange Commission (SEC) to broaden its tokenized fund lineup through on-chain money market fund-related products. According to the provided information, the proposed products are aimed at stablecoin holders and crypto investors, and one is tied to BlackRock’s existing U.S. Treasury-based liquidity fund. The filings extend BlackRock’s real-world asset tokenization strategy after BUIDL and come as tokenized traditional assets have grown 200% year over year. Tokenized fund structures use blockchain infrastructure to represent interests in conventional financial products, a model associated with improved transferability, digital tracking, faster settlement, and broader access.