Global investment giant BlackRock is making a major shift in applying blockchain technology to traditional finance. Recently, the company announced plans to launch a digital share class (DLT Shares) for its 150 billion USD Treasury Trust fund, opening a new chapter in the connection between real assets and decentralized technology.
'DLT Shares' – When stocks meet blockchain.
Unlike conventional investment products, DLT Shares (Distributed Ledger Technology Shares) do not contain crypto but are recorded and tracked on the blockchain platform. Specifically:
BNY Mellon, the exclusive distributor of the fund, will use blockchain to reflect ownership of shares.
This technology does not change the underlying assets but can enhance transparency, processing speed, and operational efficiency of traditional custody systems.
The special point: This is not a token or stablecoin, but a 'digital replica' of ownership in a money market fund managed by BlackRock.
The project applies to the massive 150 billion USD fund.
The selected fund for this trial is the BlackRock Liquidity Treasury Trust Fund, one of the largest liquidity funds of the company:
Total assets under management (AUM): Over 150 billion USD (as of the end of April 2025)
Minimum investment for DLT share class: 3 million USD (applicable for institutional investors)
No minimum is required for subsequent purchases.
Currently awaiting official approval from the SEC.
This is a test step with a very large impact, as if successful, #DLTShares could become the new standard model for a series of global investment funds.
This is not the first time BlackRock has engaged with blockchain.
In fact, BlackRock has gradually deepened its involvement in the blockchain world before:
The BUIDL fund (blockchain-native fund) collaborates with Securitize, currently managing over 1.7 billion USD in assets and expanding to the Solana blockchain.
#BlackRock also piloted the tokenization of real-world assets (RWAs), which is part of the current major trend in DeFi.
Recently, some other organizations like Libre also tokenized real assets, for example, 500 million USD in Telegram's debt was brought onto the TON blockchain – indicating that the shift of financial corporations towards digital assets is accelerating rapidly.
Larry Fink warns: The US could lose its global financial role if it ignores crypto.
CEO Larry Fink, head of BlackRock, continuously emphasizes his belief in tokenization and decentralized finance (DeFi). In his letter to shareholders in 2025, he issued a sharp warning:
'If the US cannot control its national debt, it may lose its position as the global reserve currency to digital assets like Bitcoin.'
Mr. Fink believes that:
DeFi is a revolutionary innovation that makes the financial market faster, cheaper, and more transparent.
But for that reason, it could challenge the economic advantage of the US, especially as other countries are advancing faster in blockchain application and digital assets.
Implications for the crypto market and Binance users
BlackRock's move may not be as 'noisy' as Bitcoin ETF funds, but it creates foundational and long-lasting impacts. For Binance users, this is a noteworthy signal:
The integration of digital assets and traditional finance is no longer just a theory. Funds worth hundreds of billions of USD are being partially tokenized, opening up new investment opportunities.
Blockchain is not only used to issue coins/tokens but can also improve how we manage assets, securities, and investment funds.
The future of finance is gradually leaning towards decentralization, and early adopters will have a significant advantage – whether they are organizations or individual investors.
Conclusion
BlackRock is not chasing the boom of the crypto market with flashy products. Instead, they are quietly rooting blockchain technology into the core of the traditional financial system.
If the DLT Shares project succeeds, not only BlackRock but the entire global financial market will have to change its perception of crypto and blockchain – no longer seen as a 'trend', but as the new infrastructure of the investment world.
Warning: The crypto market always carries high risks. Although tokenization and blockchain are increasingly being accepted by large institutions, individual investors still need to be cautious, do thorough research, and not invest beyond their risk tolerance. Crypto is not suitable for everyone.