{"id":65346,"date":"2022-08-04T17:53:12","date_gmt":"2022-08-04T14:53:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=65346"},"modified":"2025-09-06T19:25:06","modified_gmt":"2025-09-06T16:25:06","slug":"blackrock-to-offer-clients-access-to-cryptocurrencies-via-coinbase-prime","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/blackrock-to-offer-clients-access-to-cryptocurrencies-via-coinbase-prime\/","title":{"rendered":"BlackRock to offer clients access to cryptocurrencies via Coinbase Prime"},"content":{"rendered":"<p>The cryptocurrency exchange Coinbase and the asset manager BlackRock have agreed to collaborate. The latter&#8217;s clients will gain direct access to trading digital assets via the portfolio management system <span data-descr=\"Assets, Liability, Debt and Derivative Investment Network\" class=\"old_tooltip\">Aladdin<\/span>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are proud to announce a partnership with <a href=\"https:\/\/twitter.com\/BlackRock?ref_src=twsrc%5Etfw\">@BlackRock<\/a>. BlackRock\u2019s Aladdin clients will now have direct access to crypto markets through Coinbase Prime. <\/p>\n<p>Read more \ud83d\udc47<a href=\"https:\/\/t.co\/LA3XeYYbvs\">https:\/\/t.co\/LA3XeYYbvs<\/a><\/p>\n<p>\u2014 Coinbase (@coinbase) <a href=\"https:\/\/twitter.com\/coinbase\/status\/1555161624322998273?ref_src=twsrc%5Etfw\">August 4, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The global head of strategic partnerships with ecosystems at BlackRock, Joseph Chalom, noted growing client interest. As part of the partnership they will also gain the ability to store cryptocurrencies and manage the investment portfolio risks.<\/p>\n<p>The two companies will continue developing the Coinbase Prime integration with Aladdin. The functionality will be rolled out in stages.<\/p>\n<p>Shares of Coinbase Global rose on the news. At the time of writing, quotes were up 16.3%. The stock opened with a 32.3% gap up. Trading was halted after reaching a 35% intraday surge threshold.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"570\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-705-1024x570.png\" alt=\"BlackRock to offer clients access to cryptocurrencies via Coinbase Prime\" class=\"wp-image-180909\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-705-1024x570.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/1-705-300x167.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-705-768x427.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/1-705-1536x854.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/1-705.png 1566w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Intraday Coinbase Global chart on Nasdaq. Data: TradingView.<\/figcaption><\/figure>\n<\/div>\n<p>As reported in February 2022, BlackRock announced plans to add the ability to trade cryptocurrencies to the Aladdin portfolio-management system <a href=\"https:\/\/forklog.io\/smi-blackrock-zapustit-servis-torgovli-tsifrovymi-aktivami\/\">became known<\/a> in February 2022. At that time, reports noted the potential integration of a lending service secured by digital assets.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\u201d\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Coinbase and the asset manager BlackRock have agreed to collaborate. The latter&#8217;s clients will gain direct access to trading digital assets via the Aladdin portfolio-management system.<\/p>\n","protected":false},"author":1,"featured_media":65347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[865,138,1156],"class_list":["post-65346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blackrock","tag-coinbase","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=65346"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65346\/revisions"}],"predecessor-version":[{"id":65348,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65346\/revisions\/65348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/65347"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=65346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=65346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=65346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}