Massive Crypto News: Blackrock Goes From Foe to Friend With New Fund

By Travis Hoium – Mar 26, 2024 at 9:08AM

NASDAQ: COIN

Coinbase Global

Market Cap

$57B

Today's Change

(5.68%) $12.71

Current Price

$236.32

Price as of April 26, 2024, 4:00 p.m. ET

Blackrock is using the blockchain in ways you may not have imagined.

BlackRock (BLK 0.69%) is suddenly one of the biggest blockchain proponents on the market. No, it's not buying meme coins, but it's using the blockchain for real, useful things like tokenizing assets. In this video, Travis Hoium covers the latest fund from BlackRock and how Coinbase (COIN 5.68%) is once again involved.

*Stock prices used were end-of-day prices of March 25, 2024. The video was published on March 25, 2024.

Travis Hoium has positions in Coinbase Global and Ethereum. The Motley Fool has positions in and recommends Coinbase Global and Ethereum. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.