PANews reported on April 30 that Henry Jim, an analyst at Bloomberg ETF, disclosed that BlackRock has applied for a digital share class, DLT Shares, for its $150 billion money market fund. DLT shares will only be sold through BNY Mellon, which intends to use blockchain technology to mirror ownership, which may be a preliminary preparation or foreshadowing for the future use of digital currency/cash.
BlackRock applies for DLT Shares for its $150 billion money market fund, deploying blockchain applications
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