Monday, February 14, 2022

BLACKROCK Offering Crypto Trading to its Client's, Sources Say


BlackRock given that the asset manager is reportedly looking to offer crypto investing to its clients with direct exposure to the underlying assets for those unfamiliar BlackRock is the biggest asset manager in the world with over 10 trillion dollars in assets under management.


This includes hundreds of millions of dollars in crypto mining companies via its ETF's and a more than 16 stake in MicroStrategy which itself owns over 125,000 BTC worth 5.3 billion dollars. BlackRock insiders did not provide dates on when the asset manager will offer these services but according to sources the company is looking to integrate this crypto trading functionality in its Aladdin Institutional Software.

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