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BlackRock partners with Coinbase to expand into crypto

Coinbase

Institutional investors will be able to use BlackRock's Aladdin investment management system to oversee their exposure to bitcoin along with assets such as stocks and bonds.

BlackRock Inc. is partnering with Coinbase Global Inc. to make it easier for institutional investors to manage and trade bitcoin, marking a major push into cryptocurrencies for the world’s largest asset manager.

Top clients will be able to use BlackRock’s Aladdin investment management system

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