BlackRock Attempts to 'Tokenize' $150 Billion Money Market Fund, Benefiting Solana and Ethereum?

Global asset management giant BlackRock has submitted a significant application to launch 'DLT Shares' (digital stock class) for its $150 billion money market fund, utilizing blockchain technology to record ownership.

It appears to be a move to put traditional funds on the blockchain, which, based on blockchain technology, can offer a more convenient redemption and transfer experience, and may also facilitate the subsequent launch of crypto-related derivative products.

This attempt at blockchain integration signifies a deep fusion of traditional finance and blockchain, potentially encouraging more traditional institutions to embrace RWA tokenization, boosting the ecosystems of public chains like Solana and Ethereum.

In fact, institutions such as Franklin Templeton and Figure Markets have also launched similar tokenized funds.

The trend of RWA tokenization in 2025 is worth paying attention to.