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The case against BlackRock’s foray into Bitcoin 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.

The case against BlackRock’s foray into Bitcoin

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

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 […]