BlackRock Embraces Blockchain: $150 Billion Fund Gets DLT Shares

BlackRock has taken a major leap forward in financial innovation by integrating blockchain technology into its $150 billion Liquidity Funds Treasury Trust Fund. The company filed with the SEC to introduce a new digital share class called DLT Shares, leveraging blockchain for asset tracking and record-keeping. This move marks a significant shift in traditional finance as BlackRock collaborates with BNY Mellon to manage this implementation of blockchain. `, 0