Cointelegraph reported that S&P Global Ratings, a subsidiary of global credit rating agency S&P (Standard & Poor's), assigned its highest principal stability rating, 'AAAm,' to BlackRock's tokenized money market fund (MMF) BRSRV. S&P stated, "The fund has high credit quality of investment assets and counterparties, maturity structure, and ability to maintain net asset value (NAV) stability. Regarding the tokenization structure, it also has control systems in place to mitigate risks from cyberattacks, smart contracts, and blockchain networks."
