BlackRock submitted a prospectus to introduce digital shares for its $150 billion Treasury Trust Fund through distributed ledger technology (DLT). The DLT shares will only be accessible via BNY Mellon. This move marks a major step in BlackRock's tokenization initiatives which matches CEO Larry Fink's approach to reshape investments using blockchain technology. BlackRock's DLT Shares [...]
BlackRock is a New York-based investment management firm that provides services such as investment, advisory and risk management for government and non-profit organizations.