-
BlackRock has a new Bitcoin custodian besides Coinbase
BlackRock (NYSE: BLK), the world's largest asset manager, added Anchorage Digital Bank as the custodian of its Bitcoin holdings on Apr. 7. Since the crypto exchange Coinbase is already the primary custodian of BlackRock’s iShares Bitcoin Trust (IBIT), Anchorage will be the trust’s additional custodian. The asset manager has entered into a custodial services agreement with Anchorage, as per its Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). BlackRock will not move any Bitcoin to Anchorage immediately, the asset manager confirmed. As per the agreement, Anchorage is required to keep all of ... (full story)
