BlackRock Offers Crypto To Investors Via Latest Partnership With Coinbase
BlackRock, world’s largest money manager has entered a partnership with crypto exchange Coinbase on Thursday. BlackRock now will be able to offer institutional clients access to cryptocurrency trading along with custody services. This is a positive news amidst negative sentiment spread across the industry, the crypto downturn has forced investors to dump their assets owing […]
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Crypto exchange Binance has partnered with Mastercard to launch a cryptocurrency power card for customers in Argentina. The card will be useful to spend digital assets in everyday purchases, a press release says, and reduce the gap between crypto and fiat payment rails. Related Reading: BlackRock Offers Crypto To Investors Via Latest Partnership With Coinbase […]
On August 4, the head of Coinbase Institutional, Brett Tejpaul, and the vice president of institutional product, Greg Tusar, announced that Coinbase has been selected by the financial giant Blackrock to provide the firm’s Aladdin platform access to cryptocurrencies. Blackrock Chooses Coinbase to Connect Aladdin Clients to Crypto Coinbase’s institutional arm will help the world’s largest asset manager, Blackrock (NYSE: BLK), provide Aladdin’s institutional clients with access to digital currencies. The company noted that Blackrock chose Coinbase due to the....
Bitcoin is for everyone, including enemies, so BlackRock offering bitcoin services to their clients is ultimately a good thing for bitcoin adoption.
The $10 trillion asset manager will leverage Coinbase Prime to offer bitcoin trading and custody services to institutional investors.
The move comes one week after its partnership with Coinbase to provide institutional clients with crypto trading access. According to a new blog post on Thursday, BlackRock, the world's largest asset management overseeing over$10 trillion in total assets, launched a new private spot Bitcoin (BTC) trust. The fund is only available to U.S. institutional investors and seeks to track the performance of Bitcoin, less the expenses and liabilities of the trust. In explaining the decision, BlackRock said: “Despite the steep downturn in the digital asset market, we are still seeing substantial....