BlackRock to Offer Crypto Trading via Aladdin: Report
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BlackRock, the world's largest asset manager with almost $9.5 trillion of assets under management, might launch crypto trading for its clients through its investment arm — Aladdin, CoinDesk reports, citing sources close to the matter.

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The range of services will include "client support trading" in addition to client's "own credit facility." The report says this option might allow the firm's clients to borrow capital from BlackRock by putting crypto as collateral. However, no timeframe was revealed.

BlackRock CEO Believes in 'Huge Role' for Crypto

Earlier in January, ETF provider iShares, being part of BlackRock, filed with the US Securities and Exchange Commission (SEC) an application to launch an ETF based on the NYSE FactSet Global Blockchain Technologies Index. The Blockchain and tech ETF will include companies related to mining, its infrastructure and the trading of digital assets. It will also feature shares of blockchain companies and chipmakers.

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