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BlackRock has filed with the SEC to launch DLT Shares, a blockchain-based share class for its $150 billion Treasury Trust fund. The move signals growing institutional interest in tokenized assets and digital cash applications.
- BlackRock’s DLT Shares proposal requires SEC approval and targets institutional investors with a $3M minimum initial investment.
- BNY Mellon will use blockchain to mirror share ownership, hinting at future digital currency applications.
- BlackRock’s BUIDL fund recently surpassed $1B on Ethereum, signaling strong institutional demand for tokenized assets.
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