Arianna
Tue Jul 16 2024
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7 answers
1497
How did Blackrock enter the crypto market?
Could you elaborate on the entry strategy Blackrock employed to venture into the cryptocurrency market? Did they gradually dip their toes in by investing in a few select cryptocurrencies or did they make a bold move and allocate a significant portion of their assets to crypto? Did they partner with existing crypto firms or build their own infrastructure from the ground up? I'm curious to know if their approach involved a detailed analysis of the market trends, risk assessments, and potential opportunities, or if it was more of a reactive response to the growing popularity of cryptocurrencies. Additionally, I'm wondering if their entry into the crypto market aligns with their overall investment philosophy and objectives.
