BlackRock, the World’s Largest Asset Manager, Files a New $150 Billion Filing with the SEC! Here Are the Details
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BlackRock, the world’s largest asset manager, is taking a significant step toward integrating blockchain into traditional finance with a new SEC filing to offer a tokenized share class of its $150 billion Treasury Trust Fund in partnership with BNY Mellon. BlackRock Files to Launch $150 Billion Tokenized Treasury Trust Offering Using Blockchain Technology The move marks one of the most significant forays into blockchain-powered infrastructure by a major financial institution. The proposed “DLT Shares” (Distributed Ledger Technology) will not include cryptocurrencies. Instead, the fund’s distributor, BNY Mellon, will use blockchain to mirror ownership records, offering a modernized alternative to legacy settlement and record-keeping systems. The digital share class will be part of the BlackRock Liquidity Treasury Trust Fund, one of the firm’s largest money market offerings. Institutional investors will be able to access DLT Shares with a minimum initial investment of $3 million, with no minimum amount for additional purchases, according to the preliminary filing. The filing is pending regulatory approval. While the implementation of blockchain in this case is incremental, it points to a broader trend toward tokenized financial instruments that could eventually include fully digital cash equivalents or real-time settlement mechanisms. The initiative follows BlackRock’s growing interest in tokenization. Developed in collaboration with tokenization platform Securitize, the BUIDL fund has already raised over $1.7 billion in assets and recently expanded its operations to the Solana blockchain. BlackRock CEO Larry Fink has long championed the potential of decentralized finance. He warned in his 2025 annual shareholder letter that the U.S. could lose its reserve currency status if it fails to rein in its national debt, suggesting that digital assets like Bitcoin could increasingly appeal to global investors. “Decentralized finance is an extraordinary innovation. It makes markets faster, cheaper, and more transparent,” Fink wrote. “Yet that same innovation could undermine America’s economic advantage.” As traditional finance continues to experiment with blockchain infrastructure, BlackRock’s latest filing could mark a significant moment in the mainstream adoption of tokenized financial products. *This is not investment advice. Continue Reading: BlackRock, the World’s Largest Asset Manager, Files a New $150 Billion Filing with the SEC! Here Are the Details

Source: BitcoinSistemi