Digital share class
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Watcher.Guru· 2026-05-09 02:03
BlackRock is preparing to launch two tokenized money-market funds for investors who keep cash in stablecoins rather than traditional bank accounts.The asset manager filed paperwork for a digital share class tied to its $6.1 billion BlackRock Select Treasury Based Liquidity Fund, which invests in cash, US Treasury bills, notes, and other short-term securities with maturities of 93 days or less.The tokenized shares are expected to run on the Ethereum blockchain alongside the fund's existing share classes.The ...