BlackRock investment company will allow clients to trade cryptocurrency
The company’s cryptocurrency transactions will be conducted through the Aladdin platform
10.02.2022 - 13:15
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What’s new? BlackRock, the largest investment management company, will enable its clients to trade digital assets. According to the CoinDesk sources, all transactions will be conducted through the Aladdin platform.
What are BlackRock’s plans for the digital market? The New York-based company manages $10 trillion in assets and is focused on government departments and services. BlackRock will now give its clients the ability to arrange loans secured by cryptocurrencies.
The company has also set up a 20-person evaluation group that monitors the digital asset market. The corporation plans to launch an exchange-traded fund tracking an index consisting of companies engaged in crypto technologies in the United States and abroad.
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