BlackRock has amassed a formidable crypto crew as it makes serious inroads into digital assets. Meet 10 leaders shaping the money manager’s crypto efforts.
Hi. I''m Aaron Weinman . BlackRock has been slowly easing itself into the choppy seas of digital assets. BlackRock, alongside other investors, committed to a $400 million funding for fintech Circle, which issues a US dollar-pegged stablecoin known as USDC, in April. Shortly after that, Insider first reported that BlackRock would launch a blockchain- and crypto-themed exchange-traded fund. Then last month, BlackRock inked a partnership with Coinbase to connect clients on its Aladdin platform with crypto. Later in August, BlackRock announced it would launch a private trust to provide bitcoin exposure to its US institutional clients. All this activity comes amid a severe downturn in digital-asset prices, layoffs at Coinbase , and the possibility of new regulation from the US Securities and Exchange Commission. BlackRock, one could argue, has done a lot more than merely become exposed to crypto. In fact, it has amassed its own crypto crew, Insider''s Rebecca Ungarino reported here . Let''s take a look at 10 leaders shaping the firm''s crypto efforts.
BlackRock has amassed a formidable crypto crew as it makes serious inroads into digital assets. Meet 10 leaders shaping the money manager’s crypto efforts.
Hi. I''m Aaron Weinman . BlackRock has been slowly easing itself into the choppy seas of digital assets. BlackRock, alongside other investors, committed to a $400 million funding for fintech Circle, which issues a US dollar-pegged stablecoin known as USDC, in April. Shortly after that, Insider first reported that BlackRock would launch a blockchain- and crypto-themed exchange-traded fund. Then last month, BlackRock inked a partnership with Coinbase to connect clients on its Aladdin platform with crypto. Later in August, BlackRock announced it would launch a private trust to provide bitcoin exposure to its US institutional clients. All this activity comes amid a severe downturn in digital-asset prices, layoffs at Coinbase , and the possibility of new regulation from the US Securities and Exchange Commission. BlackRock, one could argue, has done a lot more than merely become exposed to crypto. In fact, it has amassed its own crypto crew, Insider''s Rebecca Ungarino reported here . Let''s take a look at 10 leaders shaping the firm''s crypto efforts.