Blackrock is preparing to bring Blockchain to the administrative office of one of its largest funds, presenting a class of digital shares of its treasure money market of $ 150 billion through Bny Mellon.
The new “DLT actions”, abbreviated from distributed accounting technology, will not have cryptography. But Bny Mellon, the exclusive distributor of the background, intends to use blockchain to reflect the actions of shares ownership, an incremental step that could pave the way for a broader adoption of tokenized cash, digital assets or liquidation infrastructure based on blockchain in traditional finances.
The Blackrock Treasury Liquidity Fund is part of the company’s Blackrock Liquidity Funds suite and manages more than $ 150 billion in assets as of April 29. The DLT shares class has a minimum investment requirement of $ 3 million for institutional buyers, without minimums in subsequent purchases. The presentation of the SEC is preliminary and subject to approval.
This is not Blackrock’s first movement to tokenization. Its native Blockchain Buidl fund, created in association with Securitize, now administers more than $ 1.7 billion in assets and recently expanded to Solana.
The Blackrock CEO, Larry Fink, has constantly emphasized its belief in the long -term potential of decentralized tokenization and finance. In its annual letter of 2025 to the shareholders, Fink warned that the United States runs the risk of giving their financial domain if it cannot control its debt, a vulnerability that could accelerate the interest of investors in alternatives such as Bitcoin.
“If the United States does not have its debt under control … the United States runs the risk of losing [its reserve currency status] To digital assets like Bitcoin, “Fink wrote.” Decentralized financing is an extraordinary innovation. It makes the markets faster, cheaper and more transparent. However, that same innovation could undermine the economic advantage of the United States. “
