BlackRock's $924 Million Trading Day Lands 93rd as Blockchain Integration Accelerates

On April 30, 2025, BlackRock's trading volume reached $924 million, marking a 156.8% increase from the previous day, placing it 93rd in the day's stock market rankings. BlackRock's stock price fell by 0.68%.

BlackRock is making significant strides in integrating blockchain technology into its financial services. The company has filed to launch a new share class for its $150 billion Treasury Trust fund, which will be registered on a blockchain. This initiative, managed by BNY Mellon, aims to utilize distributed ledger technology to enhance the efficiency and transparency of share transactions.

BlackRock's move to tokenize shares of its Treasury Trust fund is part of a broader strategy to leverage blockchain technology. The company has sought approval from the SEC to integrate blockchain into its $150 billion fund through DLT Shares, which will be managed by BNY Mellon. This digital share class is expected to be purchased and held through BNY Mellon, which will use blockchain technology to maintain a mirror record of the transactions.

By embracing blockchain, BlackRock is positioning itself at the forefront of financial innovation. The integration of this technology is expected to streamline operations, reduce costs, and provide a more secure and transparent platform for investors. This strategic move underscores BlackRock's commitment to staying ahead in the rapidly evolving financial landscape.