Coinbase and BlackRock to Give Institutional Investors Greater Access to Crypto | CoinMarketCap

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Coinbase and BlackRock to Give Institutional Investors Greater Access to Crypto | CoinMarketCap
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Is this Coinbase and BlockRock partner as big a deal as we think it is? 👀 Coinbase stock seems to think so — it's up over 30% on the week following the news

Coinbase and BlackRock have teamed up to give institutional investors greater access to cryptocurrencies.

Major BlackRock clients who use the Aladdin investment management platform will be able to get direct access to crypto through a connection to Coinbase Prime, which provides trading and custodial services. "Our institutional clients are increasingly interested in gaining exposure to digital asset markets and are focused on how to efficiently manage the operational lifecycle of these assets."

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