[BlackRock Plans to Launch $6.1 Billion Tokenized Money Market Fund] According to Bloomberg, BlackRock is planning to launch two money market funds targeting stablecoin holders. The company has filed documents proposing a digital share class for the $6.1 billion BlackRock Select Treasury Based Liquidity Fund. The fund invests in cash, U.S. Treasury bills, and other securities with maturities of no more than 93 days. The tokenized securities will be available on the Ethereum blockchain and will operate alongside traditional share classes.