According to information that has not yet been confirmed by BlackRock, BlackRock, which is based in New York and manages over 10 trillion dollars of institutional assets, plans to provide credit services with crypto asset collateral in addition to crypto trading.

It is rumored that BlackRock plans to conduct its crypto trading activities through investment management firm Aladdin. However, no information was given about when the service will start.


BlackRock has a moderate understanding of cryptocurrencies, including CME Bitcoin Futures, according to a filing with the US Securities and Exchange Commission (SEC). The company also plans to add the iShares Blockchain and Tech ETF, an exchange-traded fund based on an index of companies in the US and other country crypto technologies. It is also noteworthy that Wall Street banks and especially large financial institutions such as Goldman Sachs, Morgan Stanley and {{241|Citi} have been interested in the crypto sector recently.

BlackRock also holds 16.3% of MicroStrategy, which holds the title of largest holding of Bitcoin assets. Among the developments seen in the market about BlackRock, it is mentioned that they are serious about their intention to take advantage of the opportunities in the crypto money sector and a team of 20 people researching the crypto sector has been established.

crypto trade

BlackRock, the world's largest asset management company, has not yet made an official statement on the subject. However, the fact that an asset management company of this size is interested in cryptocurrencies has the potential to start the second wave of attracting institutional investors to the market.

Other important developments concerning the industry include Russia's clarification of crypto regulations this month. In Russia, which is the third largest center in crypto currency mining, the impact of a clear crypto regulation on the market will be extremely important.