Blackrock is preparing to bring the blockchain to the back office of one of its greatest funds, depositing to offer a class of digital shares from its Treasury Trust Money market fund of $ 150 billion via BNY Mellon.
The new “DLT sharing”, abbreviation of the technology of the great distributed book, will not hold Crypto. BNY Mellon, the exclusive distributor of the fund, intends to use the blockchain to reflect the actions possession files, an additional step which could open the way to a wider adoption of tokenized cash, digital assets or compassionate infrastructure based on blockchain in traditional financing.
In recent years, an increasing number of companies have experienced the creation of representations based on the Blockchain of active active world (RWAS), quickly bringing the world of traditional finances in the cryptographic environment and decentralized finance (DEFI). Earlier Wednesday, Libre said that it was $ 500 million in debt of $ 2.4 billion from the Telegram messaging platform and bring it back to the Ton blockchain.
Blackrock’s Liquidity Treasury Treasury Treasury Fund is part of the company’s liquidity funding and has managed more than $ 150 billion in April 29. The DLT shares class has a minimum investment requirement of $ 3 million for institutional buyers, without minimum on subsequent purchases. The deposit of the dry is preliminary and subject to approval.
This decision is not the first of BlackRock in the tokenization. Its Buidl Blockchain-Native fund, created in partnership with Securitize, now manages more than $ 1.7 billion in assets and recently extended to Solana.
CEO Larry Fink constantly highlighted his belief in the long -term potential of tokenization and decentralized finance. In its annual letter in 2025 to shareholders, Fink warned that the United States risks yielding its financial domination if it did not control its debt – a vulnerability that could accelerate the interest of investors in alternatives like Bitcoin (BTC).
“If the United States does not control its debt … America may lose [its reserve currency status] Digital assets like Bitcoin, “wrote Fink.” Decentralized finance is an extraordinary innovation. It makes markets faster, cheaper and more transparent. However, this same innovation could undermine the economic advantage of America. »»
Update (April 30, 7:29 UTC): Adds the third paragraph on tokenization trends, rewrites the title.
