BlackRock, one of the world's largest asset managers, filed to launch DLT shares of its $150 billion Treasury Trust Fund, a money market fund. DLT shares refer to digital shares with ownership tracked using distributed ledger technology.
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BlackRock files to offer tokenized shares of its $150 billion Treasury Trust fund via BNY Mellon
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BlackRock submitted a regulatory filing to the SEC to introduce blockchain-based DLT Shares as a new class for its $150 billion Treasury Trust Fund
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BlackRock stated that DLT Shares will use distributed ledger technology solely to reflect ownership without replacing core fund infrastructure
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