🚨 BlackRock plans to tokenise shares of its $150B U.S. Treasury Money Market Fund A new #SEC filing outlines the creation of “DLT Shares”, blockchain-based versions of fund shares aimed at improving transparency and settlement efficiency. • BNY Mellon to act as exclusive distributor • Shares to be tracked via distributed ledger tech This marks one of the biggest moves yet to bring traditional finance onto blockchain rails, and could set a new standard for institutional adoption of tokenised assets.
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