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BlackRock CEO: FTX Token caused downfall, but tech still revolutionary

Coin Telegraph LogoCoin Telegraph1 mo ago

BlackRock CEO: FTX Token caused downfall, but tech still revolutionary - Coin Telegraph

Quick Summary:

Despite taking issue with tokens created by centralized exchanges, BlackRock’s CEO sees securities tokenization as the next evolution of the financial market.

Its latest move was revealed on Nov.3, in which it announced it would be managing USD Coin (UDSC) issuer Circle’s reserve fund.Meanwhile, on Sept.27, it announced the launch of an ETF giving investors exposure to 35 blockchain-related companies.

BlackRock has been an active investor in the crypto industry since 2020.


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Article Details

Author / Journalist: Cointelegraph By Luke Huigsloot

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-12-01 @ 05:55:41 (1 months ago)

News Timezone: GMT -5:00

Ranking: #336 (out of 6202 stories this day)

News Source URL: cointelegraph.com

Language: English

Article Length: 404 words

Reading Time: 3 minutes read

Sentences: 9 lines

Sentence Length: 45 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 2073801

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 12 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "BlackRock CEO: FTX Token caused downfall, but tech still revolutionary" was covered 1 months ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 12 news stories per day.

It's most recent story was published 13 hours ago.

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  • URL: https://beamstart.com/news/blackrock-ceo-ftx-token-caused-16698745213094

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