Цоинбасе се удружио са највећим светским менаџером имовине Блацкроцк како би Аладдин клијентима омогућио приступ криптовалутама – Битцоин вести

On August 4, the head of Coinbase Institutional, Brett Tejpaul, and the vice president of institutional product, Greg Tusar, announced that Coinbase has been selected by the financial giant Blackrock to provide the firm’s Aladdin platform access to cryptocurrencies.

Blackrock Chooses Coinbase to Connect Aladdin Clients to Crypto

Coinbase’s institutional arm will help the world’s largest asset manager, Blackrock (NYSE: БЛК), provide Aladdin’s institutional clients with access to digital currencies. The company noted that Blackrock chose Coinbase due to the firm’s “scale, experience, and integrated product offering.” The publicly traded company Цоинбасе (Насдак: КОВИНА) has a long history in the crypto space since it was founded in 2012 by Brian Armstrong and Fred Ehrsam.

The New York-based multinational investment management corporation Блацкроцк је један од највећи financial institutions worldwide. Blackrock deals with roughly $ КСНУМКС трилиона in assets under management (AUM) recorded in 2021. Coinbase considers the partnership with Blackrock and Aladdin a “milestone” for the crypto asset company. The Aladdin platform stands for the Asset, Liability, Debt, and Derivative Investment Network and it’s an investment management and trading platform designed specifically for Blackrock’s institutional clients.

“Blackrock and Coinbase will continue to progress the platform integration and will roll out functionality in phases to interested clients,” Tejpaul and Tusar wrote on Thursday. In mid-June, Rick Rieder, chief investment officer (CIO) of global fixed income at Blackrock, објаснио that cryptocurrencies like bitcoin (BTC) are durable assets. In April, Blackrock покренуо a blockchain exchange-traded fund and Blackrock was назван “a primary asset manager of USDC cash reserves” the same month.

Blackrock Exec: ‘Institutional Clients Are Increasingly Interested in Gaining Exposure to Digital Asset Markets’

Joseph Chalom, the global head of strategic ecosystem partnerships at Blackrock, remarked that Blackrock’s clientele has been gravitating toward digital currencies. “Our institutional clients are increasingly interested in gaining exposure to digital asset markets and are focused on how to efficiently manage the operational lifecycle of these assets,” Chalom said on Thursday. The Blackrock executive added:

This connectivity with Aladdin will allow clients to manage their bitcoin exposures directly in their existing portfolio management and trading workflows for a whole portfolio view of risk across asset classes.

Following the Coinbase and Blackrock partnership announcement, COIN shares increased more than 16% higher during the morning trading sessions on Thursday (EST). However, COIN is down ​​72.46% у вредности from the stock’s all-time price high. Moreover, at the end of June, Goldman Sachs деградиран COIN to a sell rating.

The news follows the alleged U.S. Securities and Exchange Commission (SEC) probe пријавио on July 25, and the company’s recent Европска експанзија. In mid-June, Coinbase also открила it had to cut back 18% of the firm’s workforce to “ensure [Coinbase stays] healthy during this economic downturn,” according to the company’s co-founder and CEO Brian Armstrong.

What do you think about Coinbase partnering with Blackrock and integrating with the firm’s Aladdin platform? Let us know your thoughts about this subject in the comments section below.

Јамие Редман

Џејми Редман је водитељ вести у Битцоин.цом Невс-у и новинар о финансијским технологијама који живи на Флориди. Редман је активан члан заједнице криптовалута од 2011. Он има страст према Битцоин-у, коду отвореног кода и децентрализованим апликацијама. Од септембра 2015. Редман је написао више од 5,700 чланака за Битцоин.цом Невс о реметилачким протоколима који се појављују данас.

Кредити за слике: Схуттерстоцк, Пикабаи, Вики Цоммонс