FinTech news in asset manager category

As to how to restore investor confidence in the crypto sphere, Ge believes regulators are on the right track to bring more oversight over consumer-facing crypto products and protection for retail investors, as is the case in Singapore.

BlackRock’s Aladdin investment management platform will offer connectivity to Coinbase Prime to offer crypto trading, custody, prime brokerage, and reporting capabilities to shared clients.

The Boston-based asset manager, which administers plans covering more than 20 million participants representing $2.7 trillion in assets, said the launch is expected to take place by midyear, debuting at bitcoin supporter Michael Saylor firm MicroStrategy, which holds billions of dollars of the asset on its balance sheet.