BlackRock has filed with the U.S. Securities and Exchange Commission (SEC) to launch a new class of shares called "DLT Shares" for its $150 billion Treasury Trust Fund. These shares will utilize blockchain technology to record ownership and will be sold exclusively through BNY Mellon. This move represents a step towards integrating distributed ledger technology in traditional finance. Meanwhile, Trump Media is exploring the launch of a utility token and a digital wallet for its Truth+ streaming service, signaling a pivot towards blockchain-based features within its digital media ecosystem. Additionally, Ethereum R1, a new neutral rollup layer-2 solution for Ethereum, has officially launched. This project is distinct in that it operates without a native token, venture capital, or pre-mined allocations, relying solely on donations to build a decentralized and censorship-resistant scaling solution. The cryptocurrency market is also active, with Bitcoin holding near $96,000 to $97,000, and notable developments including a $500 million tokenized debt fund launched by the TON Foundation and Ripple's $4 billion to $5 billion acquisition offer for Circle being rejected.
CRYPTO DAYBOOK AMERICAS: $BTC bulls are keeping an eye on today's jobs report and possible Fed actions, while memecoin talk points to growing speculative fervor, @FranciscoMemor and @shauryamalwa report. https://t.co/JDNZFuyjAC
MM in 15 mins! - BTC touches $97k as Saylor doubles Strategy's capital plan with fresh $21B offering - Cofounder of Movement Labs Rushi Manche suspended - Boop new meme launchpad by whale Dingaling https://t.co/1grFqPgqIT
The Daily Modern Market Snapshot: Fri 2 May Majors: BTC 96k; ETH 1.8k; SOL 150 Headlines - BTC touches $97k as Saylor doubles Strategy's capital plan with fresh $21B offering - Cofounder of Movement Labs Rushi Manche https://t.co/EHIMEDY7fK