According to Bloomberg, BlackRock has submitted an application to the US Securities and Exchange Commission (SEC) to create a blockchain based stock category for the BlackRock BLF Treasury Trust Fund, labeled as DLT, short for Distributed Ledger Technology. DLT will seek to use blockchain technology to record stock ownership or simplify the operation of some funds of money market funds, which invest in high-quality short-term US treasury bond bonds. Bank of New York Mellon will act as an intermediary to manage the sale of these stocks, with a minimum transaction amount of $3 million. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=41850