BlackRock taps Anchorage Digital for digital asset custody

BlackRock has over $47 billion in crypto holdings, including Bitcoin and Ether, according to data from Arkham.

Asset manager BlackRock is partnering with Anchorage Digital for crypto custody services, a move aimed at addressing the rising demand for digital assets from retail and institutional investors.

According to an April 8 announcement, BlackRock is the world’s largest investment firm, with $11.6 trillion in assets under management. The company ranks among the largest providers of crypto exchange-traded products (ETPs), with holdings totaling $45.3 billion in Bitcoin (BTC) and $1.7 billion in Ether (ETH), according to data from Arkham.

BlackRock’s crypto holdings. Source: Arkham Intelligence

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