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BlackRock Adds a New Digital Asset Custodian

Blackrock Inc. ISHARES Bitcoin Trust (IBIT) and Ishares ethereum Trust (etha) To meet the increasing demand for encryption from retailers and institutions.

Coinbase Global Inc. was

Anchorage Digital Bank will be an additional qualified goalkeeper to support the products circulating in Blackrock encryption and other boxes that provide exposure to encryption, according to an Anchorage press statement on Tuesday.

“With the increased demand for digital asset products, and with the growth of the fingerprint in the ecosystem, we continue to expand our network of service providers with a focus on the highest levels of quality service providers,” said Robert Michnik, head of digital assets at Blackrock, said in a statement included in the statement. “After the comprehensive evaluation, Anchorage Digital clearly fulfills these standards, and we are excited to expand our network of qualified digital asset service providers with the addition of Anchorage Digital.”

However, Blackrock does not have current plans to transfer any Bitcoin or Ether boxes to Anchorage Digital, for each two files (see here and here) with the Securities and Stock Exchange Committee. The addition of the second guardian reflects the “continuous risk management approach” from Blackrock as part of the growing boxes and “expanding the scope of the scope of the digital director of the fund.”

“With Blackrock continues to bridge digital assets and traditional financing, we are excited about the opportunity to set a new standard to reach the designer to the category of digital assets,” said Nathan McCalli, CEO and co -founder of Anchorage Digital, said through the press statement. “By providing federal encoding infrastructure, we help Blackrock to meet the customer’s demand for today and tomorrow. We are proud to build towards a world that every investor can exposure to digital assets.”

Other major asset management clients in Anchorage include APOLLO and Crypto Etp 21shares.

IBIT was launched in January 2024 and reached 10 billion dollars in the asset teacher just seven weeks, faster than any investment funds circulated before that. Override Grayscale Bitcoin Trust Etf (GBTC) As the largest Bitcoin box in the world, ETF has accumulated about $ 45.1 billion of management assets. Atha, at the same time, has about $ 1.8 billion in assets.

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2025-04-09 20:30:00

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