Bitcoin (BTC) received a much-needed boost when BlackRock, the world’s largest asset manager, announced its partnership with Coinbase to offer institutional clients access to BTC. In a blog post, Coinbase said the tie-in offers users of BlackRock’s Aladdin investment management platform direct access to crypto, starting with Bitcoin. Joseph Chalom, Global Head of Strategic Ecosystem […]
The case against BlackRock’s foray into Bitcoin The case against BlackRock’s foray into Bitcoin
Institutional investors are generally seen as good for cryptocurrency, bringing benefits such as added legitimacy and capital inflow. But there is growing acknowledgment that this comes at a price.
4 min read
Updated: Apr. 3, 2023 at 12:06 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
BlackRock
BlackRock, synonymous with global asset management, is an American multinational investment management corporation based in New York City.
Recognized widely as “Pomp”, Anthony Pompliano (born June 15, 1988) stands out as an influential American entrepreneur, Bitcoin advocate, investor, and a proud U.S.
Saifedean Ammous is the author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, the best-selling groundbreaking study of the economics of bitcoin.