BlackRock is reportedly looking into launching cryptocurrency trading services.
The world’s largest asset manager plans to double down on its cryptocurrency engagement by launching such trading services, asserted a new report. This comes a year after the company dipped its toes by trading bitcoin and reporting owning stocks of BTC mining companies.that BlackRock aims to enter the digital asset space with “client support trading and then their own credit facility.”
Another source claimed that public pension organizations, endowments, and sovereign wealth funds will have the option to trade cryptocurrencies through BlackRock’s integrated investment management platform – Aladdin
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