BlackRock files for $150B money market fund digital securities on blockchain to reflect ownership

BlockBeats News, April 30th, according to ETF analyst @ETFhearsay, BlackRock has filed for a $150 billion money market fund digital stock (referred to as DLT) application, where the stock will utilize blockchain technology to reflect ownership.

Reportedly, DLT shares will only be sold through the Bank of New York Mellon, which intends to use blockchain to reflect ownership, potentially as a precursor/preparation for future digital currency/cash usage.