Tokenized Treasuries:
BlackRock and Franklin on the blockchain.
The biggest names in asset management are tokenizing US Treasury funds. Same T-bill yield you'd get from a money market fund — but on blockchain infrastructure with instant settlement and programmable finance capabilities.
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What is a tokenized Treasury fund?
A tokenized Treasury fund is a traditional US government money market fund — the kind pension funds and corporations have used for decades — that has been placed on a blockchain. Each token represents a share of the fund. The yield comes entirely from US Treasury bills and government securities, not from cryptocurrency.
The blockchain layer adds benefits that traditional funds lack: instant 24/7 settlement, programmable transfers, and the ability to use the tokens as collateral in other financial applications. For most individual investors, the practical benefit is simply: T-bill yields with instant access.
Traditional T-bill ETF (e.g. SGOV)
- T+1 settlement
- Stock market hours only
- Requires brokerage account
- ~5.1% yield
Tokenized Treasury fund
- Instant T+0 settlement (some)
- 24/7 availability
- Self-custody option
- 5.07–5.15% yield
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The world's largest asset manager tokenizing T-bills. $500M+ AUM. Institutional minimum.
Current Yield
5.14% APY
Min. Investment
$5,000,000
Blockchain
Ethereum
Investor type
Institutional
SEC-registered 40 Act fund. $1 minimum via the Franklin Benji app. The most retail-friendly option.
Current Yield
5.07% APY
Min. Investment
$1
Blockchain
Polygon + Stellar
Investor type
Retail
Backed by BlackRock ICS. Instant T+0 redemption. For accredited investors.
Current Yield
5.10% APY
Min. Investment
$100,000
Blockchain
Ethereum + Polygon
Investor type
Accredited
SEC-registered short-duration US government securities fund on Ethereum.
Current Yield
5.15% APY
Min. Investment
$100,000
Blockchain
Ethereum
Investor type
Institutional
These funds are not FDIC insured. While they hold extremely low-risk US government securities, smart contract risk and platform risk exist. Accredited investor minimums apply to most institutional products. Always review the fund's offering documents before investing.
Also explore traditional and digital alternatives