Energy Web Token (EWT), one of the altcoins, gained value after the statement made by the world’s largest asset manager BlackRock today.
In today’s press release, BlackRock announced a new offering for US institutional investors. plans to set up a bitcoin trust announced. Energy Web Token was also mentioned in the company’s press release.
blackrock, Effects of bitcoin mining on the environment commended Energy Web for trying to alleviate:
“BlackRock shows how much bitcoin miners uses sustainable energy It supports projects such as RMI and Energy Web that bring transparency to its subject and will follow these initiatives.”
Energy Web Token has gained more than 28% after this announcement, according to CoinGecko data.
BlackRock started working with Coinbase, one of the world’s largest cryptocurrency exchanges, last week.