BlackRock

Interest in Blockchain tokenization is currently sweeping the Web3 ecosystem. Polygon remains one of the most functional protocols that many like BlckRock and Franklin Templeton are exploring. Leading asset manager BlackRock and some of the world’s biggest institutional giants have started driving innovation onto the Polygon blockchain.  This move demonstrates a growing acceptance of blockchain technology by traditional organizations due to the distinct benefits the ecosystem provides in terms of usefulness, liquidity, and transparency. BlacRock’s Innovation on Polygon Blockchain The…

The post How can Blackrock Influence the Bitcoin Price in the Coming Days? appeared first on Coinpedia Fintech News With Bitcoin’s fresh all-time high this month in a rally, speculations have been around which state the fears about the Biden administration’s plotting to kill crypto. The surge of 350% has been the talk of the crypto town! From the chief executive of the world’s largest asset manager Blackrock’s statement to the company’s faith in Bitcoin, there are many ways in…

In an era where the boundaries between traditional finance (TradFi) and crypto continue to blur, the tokenization of real-world assets (RWAs) stands out as one of the hottest trends. This trend, which allows tangible assets like vehicles and real estate to be bought and sold as tokens on a blockchain, promises to revolutionize the efficiency and speed of asset transactions. Just last week, BlackRock, the world’s largest asset manager, has positioned itself at the forefront of this movement with the…

BlackRock CEO Larry Fink shared his insights on the financial markets, highlighting his optimism toward Bitcoin’s future. Fink, who steers the world’s largest asset management firm, expressed a bullish stance on Bitcoin, which has seen a significant upsurge in value. This enthusiasm is rooted in the cryptocurrency’s growing market liquidity and transparency, factors that have pleasantly surprised the financial mogul. BlackRock CEO Larry Fink Is Bullish on Bitcoin Larry Fink’s comments offer a rare glimpse into the mindset of a…

[PRESS RELEASE – Budapest, Hungary, March 28th, 2024] The recent news of BlackRock, a major investment giant, entering the cryptocurrency market sent shockwaves through the industry. This move signifies growing institutional interest in crypto assets, particularly Bitcoin. But what if Bitcoin holders could not only hold this valuable asset but also earn additional rewards on their holdings? StakeLayer introduces a revolutionary EigenLayer for Bitcoin, it’s a new Bitcoin’s Layer 2 that introduces Restaking for Bitcoin holders, poised to transform the…

The post BlackRock CEO: Ethereum ETF Still in Play, Regardless of Security Tag appeared first on Coinpedia Fintech News The world of cryptocurrency is abuzz with talk of a potential Ethereum ETF, and BlackRock, the world’s largest asset manager, is throwing its weight behind the idea. Larry Fink, BlackRock’s CEO, has expressed confidence that an Ether-based ETF could be launched, even if the SEC classifies Ether (ETH) as a security. This news comes amidst ongoing scrutiny by the SEC regarding…

In a recent interview on FOX Business, BlackRock CEO Larry Fink shared his insights on the potential for an Ethereum exchange-traded fund (ETF) amidst regulatory scrutiny. Despite concerns over a possible designation of Ethereum as a security by the U.S. Securities and Exchange Commission (SEC), Fink expressed confidence in the feasibility of launching such an ETF. SEC’s Stance on Ethereum Raises Doubts BlackRock and several other ETF providers have submitted applications for a spot Ethereum ETF to the SEC. However,…

BlackRock, one of the largest asset managers globally, has witnessed notable success with its newly launched tokenized money-market fund, BUIDL. The fund, which records shared ownership on the Ethereum (ETH) blockchain, has attracted over $160 million in just one week since its debut.  BlackRock’s BUIDL Fund According to a Bloomberg report, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) primarily invests in cash, US Treasury bills, and repurchase agreements. The fund rewards its holders with a cryptocurrency, BUIDL, valued at…

Bitcoin surged by more than 4.5% to above $70,000 on Monday, regaining lost ground after reaching an all-time high of $74,000 earlier this month. Until Thursday of last week, Bitcoin traded below $65,000 following a multi-day period of unusually small inflows to Bitcoin ETF products, coupled with monstrous outflows from the Grayscale Bitcoin Trust (GBTC). The asset’s price began to surge again on Friday following the Bitcoin Investor Day conference, when Robert Mitchnick – BlackRock’s digital assets lead – labeled…