BlackRock is stepping up its blockchain game with plans to tokenize shares of its $150 billion Treasury Trust Fund. In a new SEC filing, the asset giant outlines a vision to digitize ownership using distributed ledger technology (DLT), with BNY Mellon managing the blockchain-based ledger. This move won’t involve crypto investments, but it aims to modernize finance with faster settlements and cleaner records.
Institutional investors must initially commit at least $3 million, though follow-up investments have no minimum. The shift aligns with BlackRock CEO Larry Fink’s belief in tokenization as the future of investing—unlocking fractional ownership, reducing friction, and improving access.
With firms like JPMorgan and Franklin Templeton also exploring blockchain, the race toward tokenizing real-world assets is heating up fast.
Conclusion:
BlackRock’s latest step signals that blockchain is becoming foundational in traditional finance, not just crypto.
Takeaways:
BlackRock to tokenize $150B Treasury Fund shares.
BNY Mellon to manage blockchain-based share tracking.
Minimum $3M for initial institutional investment.
Tokenization seen as the future of finance.
Source: 99bitcoins
