#NewsAboutCrypto
According to Foresight News, global asset management firm BlackRock has filed an application with the U.S. Securities and Exchange Commission (SEC) to introduce a blockchain-based share class for its BLF Treasury Trust Fund. This new share class, designated as "DLT," is designed to leverage blockchain technology for recording stock ownership and potentially streamlining various operational processes. The fund itself focuses on investments in high-quality, short-term U.S. Treasury securities. By integrating blockchain, BlackRock aims to enhance transparency, efficiency, and security in the management of its money market fund.$BNB
