BlackRock, world’s largest money manager has entered a partnership with crypto exchange Coinbase on Thursday. BlackRock now will be able to offer institutional clients access to cryptocurrency trading along with custody services.
This is a positive news amidst negative sentiment spread across the industry, the crypto downturn has forced investors to dump their assets owing to an anticipated recession. Despite considerable layoffs, BlackRock’s partnership has managed helped investors regain confidence in the digital asset industry.
The institutional clients of the renowned investment management firm who own digital assets will be able to get help from Aladdin, which is the asset manager’s host of software tools in order to manage their investment portfolios along with conducting risk analysis on these decisions.
Trending: Mob Burns Accused ‘Pedophile’ Alive
Joseph Chalom, Global head of