8th April 2022
Larry Fink, the CEO of BlackRock (BLK), has confirmed that the world’s largest asset manager is exploring how to serve clients with digital currencies.
Fink cited increasing interest from clients around digital currencies in a letter to shareholders Thursday.
And also wrote that the Russia-Ukraine conflict will push countries to reassess currency dependencies and look to means of payments that can bring down the costs of cross-border transactions.
This indicates that the $10 trillion asset manager is planning to offer crypto trading services to its investor clients.
