BlackRock Files To Launch Blockchain-Based Shares Of $150B Treasury Fund

BTCC / BTCC Square / Global Cryptocurrency /

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2025-04-30 10:52:02

BlackRock, the world’s largest asset manager, is advancing its blockchain ambitions with a regulatory filing to tokenize shares of its $150 billion Treasury Trust Fund. The SEC submission on April 29 details plans to issue digital shares via distributed ledger technology, marking a significant convergence of traditional finance and blockchain infrastructure.

BNY Mellon will serve as exclusive issuer and maintain a parallel blockchain-based ownership ledger. While not involving cryptocurrency directly, this move modernizes record-keeping and transaction processing for institutional investors—a tacit endorsement of DLT’s efficiency benefits.

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