{"id":24482,"date":"2025-04-30T10:16:57","date_gmt":"2025-04-30T10:16:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24482"},"modified":"2025-04-30T10:16:57","modified_gmt":"2025-04-30T10:16:57","slug":"blackrock-files-to-launch-blockchain-based-shares-of-150b-treasury-fund","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24482","title":{"rendered":"BlackRock Files To Launch Blockchain-Based Shares Of $150B Treasury Fund"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">BlackRock, the world\u2019s largest asset manager, is moving deeper into blockchain technology with a new regulatory filing <\/span><span data-preserver-spaces=\"true\">aimed at launching<\/span><span data-preserver-spaces=\"true\"> tokenized shares of its $150 billion Treasury Trust Fund. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/97098\/000119312525100851\/d100482d485apos.htm#toc\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">filing<\/span><\/a><span data-preserver-spaces=\"true\">, submitted to the US Securities and Exchange Commission (SEC) on April 29, outlines plans to offer digital shares using distributed ledger technology (DLT), a <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> step toward integrating blockchain into traditional finance.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The proposed shares will be issued<\/span><span data-preserver-spaces=\"true\"> exclusively through BNY Mellon, which will <\/span><span data-preserver-spaces=\"true\">also<\/span><span data-preserver-spaces=\"true\"> maintain a parallel digital ledger of share ownership using blockchain infrastructure. <\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-ai-crypto-coins\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Best AI Crypto Coins to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">BlackRock\u2019s DLT Shares Aim to Modernize Ownership <\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">BlackRock\u2019s DLT shares, while not involving cryptocurrency investments, are designed to modernize ownership records and transaction processing.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Institutional investors <\/span><span data-preserver-spaces=\"true\">will need to<\/span><span data-preserver-spaces=\"true\"> commit a minimum of $3 million for an initial purchase. However, subsequent investments will not carry a minimum requirement.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to the SEC filing, the fund\u2014formally known as the BlackRock Liquidity Funds Treasury Trust Fund\u2014does not currently use blockchain technology <\/span><span data-preserver-spaces=\"true\">in its operations<\/span><span data-preserver-spaces=\"true\">. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, BNY Mellon plans to track ownership of the DLT shares using a blockchain mirror record. As of 29 April 2025, the Treasury Trust Fund had assets totaling approximately $150.1 billion. This makes it one of the <\/span><span data-preserver-spaces=\"true\">largest<\/span><span data-preserver-spaces=\"true\"> money market funds in the world.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The initiative aligns closely with comments made by BlackRock CEO Larry Fink, who has publicly endorsed tokenization as a transformative force in financial markets.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BlackRock is going all-in RWA <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>Today, BlackRock filed to tokenize shares of its $150B money market fund.<\/p>\n<p>It already launched BUIDL last year, which has $2.3B+ in TVL.<\/p>\n<p>RWA tokens will explode in 2025. <a href=\"https:\/\/t.co\/wYgktZg82I\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/wYgktZg82I<\/a><\/p>\n<p>\u2014 Cas Abb\u00e9 (@cas_abbe) <a href=\"https:\/\/twitter.com\/cas_abbe\/status\/1917465984954216859?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">In his 2025 annual letter to shareholders, Fink wrote that tokenization \u201cwill revolutionize <\/span><span data-preserver-spaces=\"true\">investing,<\/span><span data-preserver-spaces=\"true\">\u201d <\/span><span data-preserver-spaces=\"true\">by<\/span><span data-preserver-spaces=\"true\"> enabling faster settlement times, reducing market friction, and unlocking capital <\/span><span data-preserver-spaces=\"true\">that <\/span><span data-preserver-spaces=\"true\">is<\/span><span data-preserver-spaces=\"true\"> currently tied up<\/span><span data-preserver-spaces=\"true\"> in slow-moving processes.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">He also emphasized the democratizing potential of tokenization, such as fractional ownership, streamlined shareholder voting, and broader access to yield-bearing assets.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Despite this optimism, Fink acknowledged that identity verification remains a key hurdle before tokenized assets <\/span><span data-preserver-spaces=\"true\">can<\/span><span data-preserver-spaces=\"true\"> become mainstream. Still, he believes that tokenized funds will eventually be as common as exchange-traded funds (ETFs).<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Financial Giants Jump on Tokenization Trend<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">BlackRock\u2019s move follows similar efforts by other financial giants <\/span><span data-preserver-spaces=\"true\">including<\/span><span data-preserver-spaces=\"true\"> JPMorgan, Franklin Templeton, and State Street, all <\/span><span data-preserver-spaces=\"true\">of which are<\/span><span data-preserver-spaces=\"true\"> exploring blockchain to modernize fund operations.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The tokenization trend is rapidly expanding. London-based Calastone recently integrated Fireblocks\u2019 blockchain infrastructure to allow fund managers to tokenize assets on its platform. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, Libre, a blockchain project focused on real-world assets (RWAs), announced plans to tokenize $500 million in Telegram-issued bonds on The Open Network (TON), offering institutional investors decentralized access to the messaging platform\u2019s fixed-income products.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to RWA.xyz, the market value of tokenized RWAs has surged to $18.9 billion\u2014an 89% increase from the previous year\u2014highlighting growing institutional interest in bringing traditional assets onto the blockchain.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best Meme Coin ICOs to Invest in 2025<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"editor-rtfLink\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">BlackRock has filed to launch tokenized shares of its $150B Treasury Trust Fund using blockchain technology.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">The DLT shares will be issued via BNY Mellon <\/span><span data-preserver-spaces=\"true\">and aim<\/span><span data-preserver-spaces=\"true\"> to modernize fund ownership and transaction processing.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">The move aligns with growing institutional interest in asset tokenization, now a nearly $19B market.<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/blackrock-files-to-launch-blockchain-based-shares-of-150b-treasury-fund\/\">BlackRock Files To Launch Blockchain-Based Shares Of $150B Treasury Fund<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock, the world\u2019s largest asset manager, is moving deeper into blockchain technology with a new regulatory filing aimed at launching tokenized shares of its $150 billion Treasury Trust Fund. The filing, submitted to the US Securities and Exchange Commission (SEC) on April 29, outlines plans to offer digital shares using distributed ledger technology (DLT), a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24482","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24482"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24482\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}