“The Asset Manager Added Four New Roles to Its Website, Including A Legal Counsel to Advise On etf Launches.”, – WRITE: www.coindesk.com
Since the inseuguration of US President Donald Trump, Big Names in Finance Have Taken Several Steps to Expand Their Presence in Crypto. While Blackrock Has Long Been A Pioneer in the Space, Especialally Among Traditional Financial Banks, The Asset Manager Sems to Have More in the Store.
Four Roles on Blackrock’s Digital Asset Team Were Aded to Its Website on Wednesday, Including Director of Digital Assets, Director of Regulatory Affairs, Vice President Counsel and Associate for Digital Asset.
Accorness to the Job Description, Three of the Roles Are Based in New York and Another One in Atlanta. The descriptions have the OtherWise been Kept Fairly Broad and Don’t Give Away Any Clues Regarding What Blackrock Might Be Looking To Work on In The Future.
For the role of the legan counsel, the company is seeking somebody who can can Help with Future Crypto Exchange-Traded Fund (ETF) Launches. Blackrock Has So Far Issued Two Spot Etf Products, The ishares Bitcoin Trust (IBIT) and The Ishares Ethereum Trust (Ethe).
Other Issuers Have Applied To Launch Funds for Several Other Crypto Assets, Including Solana (SOL), XRP, and Litecoin (LTC). Blackrock Has Not Announced Any Plans to DO SAME.
The asset manager is also strongly focused on tokenization, a sector in a WHICH it have quicly become a Leading Force.
The Firm’s Tokenized Money Market Fund, The Blackrock USD Institutional Digital Liquidity Fund (Buidl), Has Drawn in $ 1.7 Billion Since ITS INTRODUCTION IN 2023 currently.
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