BlackRock Planning to Offer Crypto Trading, Sources Say

From coindesk.com

BlackRock, the world’s largest asset manager, is preparing to offer a cryptocurrency trading service to its investor clients, according to three people with knowledge of the plans. The New York-based company, which manages over $10 trillion in assets for institutions, plans to enter the cryptocurrency space with “client support trading and then with their own credit facility,” one of the people said. In other words, clients would be able to borrow from BlackRock by pledging crypto assets as collateral. One of the people said BlackRock will allow its clients – which include public pension schemes, endowments ... (full story)