BlackRock’s entry into Ethereum staking market has sent shockwaves through the cryptocurrency industry and signaled a dramatic shift in how fees and services will be structured going forward. Ethereum, as one of the two-largest cryptocurrencies worldwide, has long been at the forefront of innovation thanks to its transition from proof-of-work (PoW) to proof-of-stake (PoS), offering...
Article Category: BlackRock
Canton Network Tests Collateral Reuse with Tokenized US Treasuries on Blockchain Trial
Canton Network recently hosted a groundbreaking blockchain trial which successfully demonstrated collateral reuse using tokenized U.S. Treasurys – marking an important step in institutional finance’s evolution. The trial, comprised of global banks, asset managers and technology partners from around the world, examined whether tokenized government debt could move within a permissioned blockchain environment to support...
BlackRock Files for Staked Ethereum ETF: Mark of Progress in Crypto Investing
BlackRock, the world’s largest asset management firm, recently made an important statement of institutional interest in cryptocurrency by filing for a Staked Ethereum Exchange-Traded Fund (ETF). This filing marks a key moment in the relationship between traditional finance and digital assets – including cryptocurrency – underscoring mainstream acceptance of them within mainstream portfolios. The proposed...