BlackRock May Tokenize Shares of $150B Treasury Trust Money Market Fund

BlackRock is working with BNY Mellon to tokenize shares of its $150 billion Treasury Trust Fund, subject to SEC approval.
What’s the Scoop?
- Blockchain Integration: BlackRock plans to tokenize shares of its $150 billion Treasury Trust Fund using blockchain technology, in collaboration with BNY Mellon.
- Institutional Accessibility: The DLT share class will require a $3 million minimum investment for institutional buyers, with no minimums on subsequent purchases.
- Regulatory Move: The initiative remains subject to SEC approval, marking another step in BlackRock's tokenization strategy.