Bitcoin and Ethereum deposit
BlackRock has made a significant deposit of 363.125 Bitcoin and 26,610 Ethereum into Coinbase Prime. This transaction highlights the firm’s continued interest in cryptocurrencies. By utilizing Coinbase Prime, BlackRock intends to leverage the platform’s services designed for institutional investors. The deposit reflects the growing trend among large financial institutions to engage in digital assets. Coinbase Prime provides secure custody and trading solutions tailored to the needs of institutional clients, further facilitating investment in the cryptocurrency market.
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