Bloomberg ETF analyst Henry Jim revealed that DLT Shares will be exclusively sold through BNY Mellon, which plans to use blockchain technology to track ownership. The offering targets institutional investors, with a minimum investment of $3 million.
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$150B BlackRock Fund Adds Digital Share Class Using Blockchain Tech
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BlackRock established a $3 million minimum investment threshold for institutions wishing to access DLT Shares
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BlackRock restricted the purchase of DLT Shares to BNY Mellon as the sole distribution partner
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