#AltcoinETFsPostponed

🚨📣: BlackRock, a major asset manager, has filed to offer tokenized shares of its $150 billion Treasury Trust, a money market fund, through BNY Mellon.

- The DLT shares, digital shares whose ownership is tracked using distributed ledger technology, will be sold solely through BNY Mellon.

- The minimum initial investment for DLT shares has been set at $3 million, with no minimum additional investment requirements.

- The term sheet for the DLT shares is still subject to change and review by the Securities and Exchange Commission.

- CEO Larry Fink emphasized the potential for tokenization to revolutionize investing by enabling fractional ownership, securing digital voting rights for shareholders, and democratizing returns.