BlackRock Applies for DLT Shares for Its $150 Billion Money Market Fund, Strategically Positioning for Blockchain Applications
PANews, April 30: According to Bloomberg ETF Analyst Henry Jim, BlackRock has applied for a digital share class, DLT Shares, for its $150 billion money market fund. DLT Shares will be sold exclusively through BNY Mellon, which plans to use blockchain technology to reflect ownership. This could be a preliminary preparation or foundation for the future use of digital currency/cash.
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