Cryptocurrency Although the withdrawal experienced in units broke the faith of some investors in the sector, institutional investors cryptocurrency sees these withdrawals as an opportunity to increase their exposure.
On the corporate side, we often mention that companies are establishing new ventures and partnerships to meet the demand. Although the demand is not at the desired level due to the lack of regulation, large investment companies are preparing themselves for the future by establishing partnerships.
The latest move in this regard is the world’s largest investment company. blackrockIt came from
A new partnership has been formed between Aladdin, Blackrock’s risk management division, and Coinbase Prime. Through this partnership, Blackrock will be able to offer direct cryptocurrency exposure to its qualified institutional investors.
Speaking on the subject, Joseph Chalom, Global Head of Strategic Ecosystem Partnerships at BlackRock, said:
Our institutional clients are increasingly interested in exposure to digital asset markets and are focusing on how to efficiently manage these assets.
This link between Aladdin and Coinbase Prime will allow clients to directly manage their bitcoin exposures in their existing portfolio management and trading workflows for a complete portfolio view across asset classes.