CEO BlackRock: "We continue to explore the cryptocurrency sector" – Bits Media

During the telephone conference, BlackRock General Director Larry Fink told, that the largest asset management company is widely studying the cryptocurrency sector.

Larry Fink (Larry Fink) reported, that all last year BlackRock worked with Circle, issuer Stayblkina USDC. BlackRock controlled part of the reserves, providing stablecoin, and in the future plans to become the main company to manage these reserves. Circle recently launched another round of financing for $400 million, In which the strategic investor is BlackRock.

As for the study of the cryptocurrency sector, then the company's management is interesting in the most different spheres of the industry. Including, cryptocurrencies, Stebblecoins, blockchain capabilities and tokenization of various assets.

"We constantly see an increase in interest in this area by our customers", - emphasized Fink.

Earlier, BlackRock Director General expressed his opinion, that military operations in Ukraine and sanctions against Russia will increase the popularity of cryptocurrencies.