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BTCC / BTCC Square / Global Cryptocurrency /
BlackRock Introduces Blockchain-Enabled Shares for $150B Money Market Fund

BlackRock Introduces Blockchain-Enabled Shares for $150B Money Market Fund

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-04-30 11:53:16
0

BlackRock, the world’s largest asset manager, is pushing deeper into blockchain integration with traditional finance. A recent SEC filing reveals plans for a blockchain-based share class—"DLT Shares"—linked to its $150 billion money market fund.

BNY Mellon will oversee share sales while maintaining parallel ownership records on-chain. Though the fund avoids direct crypto exposure, this move signals institutional momentum for distributed ledger technology in capital markets.

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