BlackRock May Follow Coinbase's Lead in Launching an In-House Blockchain System
Publication Time:2024-08-12 23:29:05
According to the latest forecast published on Token Terminal’s X platform, the world-renowned asset management company BlackRock is contemplating the launch of its in-house blockchain system, mirroring Coinbase’s move. This initiative aims to centralize management of BlackRock’s vast $1 trillion cross-asset category assets, through a single, global interoperable and transparent ledger for efficient and secure information sharing and transaction tracking. This step not only reflects BlackRock’s optimism towards the potential of blockchain technology but also signals another significant advancement in the digital transformation journey of the financial industry.
Blockchain
Coinbase
BlackRock
Distributed ledger
Cross-asset categories