The World's Biggest Asset Manager, BlackRock, to Launch A Crypto Trading Platform and Accept Crypto as Collateral for Credit

in #crypto • 3 years ago

BlackRock, which manages over $10 trillion in assets, began to "dabble" in cryptocurrency last year by holding bitcoin futures. This year, BlackRock announced a longer stride towards cryptocurrency adoption. Two new developments, not yet launched, would allow BlackRock clients to invest and hold cryptocurrencies and use them as collateral for credit. How do you think this would affect the adoption of crypto by governments and other financial institutions?

#bitcoin #blackrock
3 years ago in #crypto by
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