Bitcoin

Blackrock Becomes World’s First $15 Trillion Asset Manager, Unleashes Tokenization Blitz

Blackrock reported record second-quarter results on Wednesday, with revenue climbing 31% year over year to $7.1 billion as the firm’s chairman and chief executive officer, Larry Fink, detailed new steps toward tokenizing money market funds and expanding the company’s digital asset business. The New York-based asset manager posted adjusted earnings per share of $13.91, up…

Blackrock reported record second-quarter results on Wednesday, with revenue climbing 31% year over year to $7.1 billion as the firm’s chairman and chief executive officer, Larry Fink, detailed new steps toward tokenizing money market funds and expanding the company’s digital asset business. The New York-based asset manager posted adjusted earnings per share of $13.91, up […]

Source: https://news.bitcoin.com/blackrock-becomes-worlds-first-15-trillion-asset-manager-unleashes-tokenization-blitz/