BlackRock applies to establish DLT Shares for its $150 billion money market fund to deploy blockchain applications

PANews reported on April 30 that according to Bloomberg ETF analyst Henry Jim, BlackRock applied for digital shares category DLT Shares for its $150 billion money market fund. The DLT share will be sold only through BNY Mellon, which intends to use blockchain technology to mirror ownership, which may be an upfront preparation or preparation for future digital currency/cash use.