BlackRock to Launch Blockchain-Based Shares for $150B Treasury Fund

TL;DR Tokenization of $150B Treasury Fund: BlackRock is launching blockchain-based digital shares, known as DLT Shares, to tokenize its $150 billion Treasury Trust Fund. Enhanced Transparency and Efficiency: Issued exclusively through BNY Mellon, the blockchain ledger will offer institutional investors a transparent, immutable record of share ownership. Pioneering Asset Management Innovation: This initiative is set. source: https://crypto-economy.com/blackrock-to-launch-blockchain-based-shares-for-150b-treasury-fund/