Fund Management Giant State Street Increases Stake in Silvergate to 9.3%
Silvergate is up nearly 40% on Thursday alongside a sizable rally in crypto-related stocks. State Street disclosed a 9.3% stake in troubled crypto lender Silvergate…
Tag: BlackRock
Nasdaq Starts Crypto Custody Service for Institutional Clients
The exchange said it is open to working with crypto-native firms. Nasdaq (NDAQ), the second-largest U.S. stock market operator, is starting a cryptocurrency custody service…
BlackRock launches private trust offering direct bitcoin exposure
Investment manager BlackRock has launched a private trust offering US-based institutional clients exposure to spot bitcoin. The trust will be available to US-based institutional clients…
Coinbase, BlackRock ink crypto trading partnership targeting institutional clients
(Reuters) – Cryptocurrency exchange Coinbase Global Inc said on Thursday it has partnered with BlackRock, the world’s largest asset manager, to provide institutional clients with…
BlackRock Looks to Offer Crypto Services as Client Demand Rises: CEO
The Russia-Ukraine conflict will push countries to reassess currency dependencies, Fink said in a letter to shareholders. Larry Fink, the CEO of BlackRock (BLK), has…
CIO of $9.5 Trillion AUM Asset Manager BlackRock Says They Own Some Bitcoin
Earlier today (September 9), Rick Rieder, a Managing Director at BlackRock, the world’s largest asset manager, explained during an interview why his firm owns some Bitcoin. BlackRock, which…
Bitcoin Explodes to New Yearly Highs at $18,700 Amid Wall Street Support
Bitcoin is exploding higher once again after consolidating under $18,000 for a number of days. The leading cryptocurrency just minutes ago passed $18,700 for the…
Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability
The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens nations’ financial stability. In interview with French daily Les Echos on…
Coinbase Introduces ‘Coinbase Bundle’ Designed to Simplify Crypto Trading
Cryptocurrency exchange and wallet service Coinbase has rolled out a new update called “Coinbase Bundles,” which is designed to simplify cryptocurrency trading, according to an announcement published September 27. Coinbase Bundles…
Institutional Investors and Fintech: Will Wall Street Go Head-First Into Crypto?
Following a breakout year for cryptocurrencies, 2018 has been extremely challenging — to say the least. With Bitcoin and numerous altcoins hitting all time highs in December, a sobering…