Blackrock, the world’s largest asset manager, moves deeper into Blockchain technology with a new organizational file It aims to launch Symbolic shares of his Treasury Treasury Box worth $ 150 billion.
the presentationIntroduction to the American Securities and Exchange Committee (SEC) on April 29, determines plans to provide digital shares using the Distributed Professor Book Technology (DLT), a major A step towards combining Blockchain into traditional financing.
The proposed shares will be released Exclusively through Bny Mellon, which will also Keep the parallel digital professor’s notebook using the Blockchain infrastructure.
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Blackrock’s DLT shares aim to update ownership
DLT shares are designed from Blackrock, although they do not involve cryptocurrency investments, to update ownership records and transaction processing.
Institutional investors You will need to He committed at least $ 3 million for the first purchase. However, subsequent investments will not carry the minimum requirements.
According to the SEC deposit, the box – known as the Blackrock liquidity of the Blockchain technology currently uses Blockchain technology In its operations.
However, BNY Mellon plans to track DLT’s ownership using Blockchain Record. As of April 29, 2025, the Treasury Fund had assets of about $ 150.1 billion. This makes it one of Elderly The money market money in the world.
The initiative is closely consistent with the comments made by the CEO of Blackrock Larry Fink, who publicly approved the distinctive symbol as a transformative power in the financial markets.
Blackrock all goes in RWA
Today, Blackrock applied a shares icon from the Money Market Fund of $ 150 billion.
Buidl was already launched last year, which has $ 2.3 billion in TVL.
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In his 2025 annual message to shareholders, Fink wrote that the distinctive symbol “will cause a revolution Investment,” by Enable faster settlement times, reduce market friction, and open capital Which – which He is Ten currently In slow processes.
He also emphasized the capabilities of the democratic symbol, such as ownership of fractures, voting for shareholders, and the broader access to loaded origins.
Despite this optimism, Fink acknowledged that identity verification is still a major obstacle before the distinguished assets He can It becomes the main current. However, he believes that the distinctive money will ultimately be common as the boxes circulating on the stock exchange (ETFS).
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Securities are jumping in the direction of the distinctive symbol
Blackrock moves similar efforts by other financial giants Incurred Jpmorgan, Franklin Templeton and State Street, all Thereto Explore Blockchain to update box operations.
The direction of the distinctive symbol expands quickly. London -based Calastone recently merged the Fireblocks’ Blockchain infrastructure to allow the fund managers to repeat assets on their platform.
Meanwhile, Libre, a Blockchain project that focuses on the real world -class assets (RWAS), has announced plans for a lobe of $ 500 million of bonds issued by the TON network, providing institutional investors to the fixed products of the correspondence.
According to RWA.XYZ, the distinctive RWAS market value increased to $ 18.9 billion – an increase of 89 % over the previous year – which increased the increasing institutional interest in bringing traditional assets to Blockchain.
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Main meals
- Blackrock submitted a request to launch symbolic shares of his Treasury Department of $ 150 billion using Blockchain technology.
- DLT shares will be released via Bny Mellon And a goal To update money ownership and processing transactions.
- This step is in line with the growing institutional interest in the asset symbol, and it is now a market of approximately $ 19 billion.
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