BlackRock Planning to Offer Bitcoin Trading: Report
The world’s largest asset manager is reportedly planning to offer bitcoin and cryptocurrency trading to its investor clients.The world’s largest asset manager, BlackRock, is reportedly planning to offer a bitcoin trading service to its investor clients, three people familiar with the matter told CoinDesk.BlackRock entering the Bitcoin space by offering investment products to its clients could represent a watershed moment to the digital currency given that the New York-based firm manages over $10 trillion in assets for institutional investors.One of the people reportedly said the asset....
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Per a Coindesk report and a regulatory filing with the Securities and Exchange Commission (SEC), investment firm BlackRock has begun trading in Bitcoin futures. BlackRock has reportedly allocated a small part of its portfolio in BTC on the Chicago Mercantile Exchange financial derivatives platform. With $8.6 trillion in assets under management (AUM), BlackRock is one […]
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 […]
Per a report from Bloomberg, the world’s largest asset manager, BlackRock, achieved a new milestone in its crypto roadmap. The company has been working on new ways to integrate with blockchain technology and thus has partnered with other financial institutions. Related Reading: SEC’s Grayscale Bitcoin ETF Appeal Window Closes Friday: What Analysts Expect BlackRock Takes […]
The $10 trillion asset manager will leverage Coinbase Prime to offer bitcoin trading and custody services to institutional investors.
Swiss investment bank UBS Group AP is reportedly planning to offer cryptocurrency investments, which would likely include bitcoin exposure.