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CoinVoice has learned that, according to Bloomberg, global asset management giant BlackRock has submitted an application to the SEC (, to create a blockchain-based stock class for the BlackRock BLF Treasury Trust Fund, labeled as DLT, which stands for Distributed Ledger Technology. DLT aims to leverage blockchain technology to record stock ownership or simplify certain operations of money market funds, which invest in high-quality short-term U.S. Treasury securities. DLT shares can only be purchased through BNY Mellon, which plans to use blockchain technology to maintain mirror records of stock ownership for its clients.