๐จBREAKING: BlackRock Files for Digital Asset Class of Its $150B Money Market Fund
๐ง This means BlackRock is moving a $150 billion fund to blockchain through DLT shares โ a MASSIVE institutional step.
Hereโs why this matters more than you think:
๐ These new DLT shares (Distributed Ledger Technology) will use blockchain to reflect real-time ownership โ instantly verifiable and transparent.
๐ฅ This could mark the beginning of a new era for traditional finance, bridging it directly with decentralized technology.
โ๏ธ Institutions like BlackRock validating blockchain infrastructure gives crypto legitimacy on a whole new level.
๐ Expect more big players to follow โ and the gap between TradFi and DeFi to shrink FAST.
๐ If Wall Street is moving billions to blockchainโฆ are you really early?
๐ฌ Let me know your thoughts โฌ๏ธ
๐ Share this with someone who still thinks crypto is a fad.