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Blackrock Ties up With Coinbase to Offer Its Clients Crypto Trading and Custody

Summary:
Asset manager BlackRock has selected cryptocurrency exchange platform Coinbase to provide the institutional clients of Aladdin®, BlackRock’s end-to-end investment management platform, direct access to crypto starting with bitcoin. Coinbase Prime will provide crypto trading, custody, prime brokerage, and reporting capabilities to Aladdin’s institutional client base who are also clients of Coinbase. Built for institutions, Coinbase Prime integrates advanced agency trading, custody, prime financing, staking, and staking infrastructure, data, and reporting that supports the entire transaction lifecycle. BlackRock and Coinbase will continue to progress the platform integration and will roll out functionality in phases to interested clients. Access is available for

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Asset manager BlackRock has selected cryptocurrency exchange platform Coinbase to provide the institutional clients of Aladdin®, BlackRock’s end-to-end investment management platform, direct access to crypto starting with bitcoin.

Coinbase Prime will provide crypto trading, custody, prime brokerage, and reporting capabilities to Aladdin’s institutional client base who are also clients of Coinbase.

Built for institutions, Coinbase Prime integrates advanced agency trading, custody, prime financing, staking, and staking infrastructure, data, and reporting that supports the entire transaction lifecycle.

Blackrock Ties up With Coinbase to Offer Its Clients Crypto Trading and Custody

BlackRock and Coinbase will continue to progress the platform integration and will roll out functionality in phases to interested clients.

Access is available for institutions contracted with both Aladdin and Coinbase.

“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.

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.”

said Joseph Chalom, Global Head of Strategic Ecosystem Partnerships at BlackRock.

Featured image credit: Edited from Unsplash

Blackrock Ties up With Coinbase to Offer Its Clients Crypto Trading and Custody

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