The $10 trillion asset manager is staffing up to scale digital asset ETFs, pursue tokenization and identify “first-mover big bets” in Asia.
BlackRock expands crypto bet with 7 senior hires across U.S. and Asia
The $10 trillion asset manager is staffing up to scale digital asset ETFs, pursue tokenization and identify "first-mover big bets" in Asia.
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The move, pending regulatory approval, would align trading on the key institutional derivatives marketplace with the nonstop nature of crypto markets.
The announcement comes amid the exchange posting a disappointing second-quarter with shares down more than 6% in post-market trading.
The funding round takes Auradine's total backing to $300 million.
The competition will be judged by a panel of industry veterans.