BlackRock's AUM reaches $15.3 trillion, applies for registration of tokenized money market fund

Odaily reports that BlackRock's second quarter revenue increased by 31% year-on-year to $7.1 billion, with adjusted operating income rising by 39% to $2.9 billion. Assets under management (AUM) reached $15.3 trillion, with net inflows of $868 billion over the past 12 months.

BlackRock has submitted two tokenized money market fund registration statements to the U.S. Securities and Exchange Commission (SEC). One proposal plans to create a tokenized share class for an existing fund on Ethereum, while the other outlines a digital-native strategy.

BlackRock's Ishares ETF platform has AUM exceeding $6 trillion, with $178 billion in net inflows during the second quarter. Its digital asset-related AUM is about $110 billion, and the Ishares Bitcoin Trust, Ethereum Trust, and BUIDL remain the largest products in their respective categories.

BlackRock also manages the $60 billion reserves of stablecoin issuer Circle.