The CEO of the world’s largest asset manager Blackrock in a recent interview with CNBC said that he sees huge opportunities in digitized crypto blockchain currencies. During the interview, Larry Fink said, even though he doesn’t understand much about Bitcoin so can’t predict the price, but he believes that the digital currency market has huge
Blackrock CEO, Rick Rieder stated in his recent interview with SquawkBox that the reason he owns Bitcoin is because of his belief that volatile assets possess a positive convexity. Furthermore, he predicted against the current fall in BTC prices as a temporary short, and that he expects the prices to hike significantly in foreseeable future.
BlackRock chief investment officer Rick Rieder today on CNBC said that their firm has started to dabble into Bitcoin just days after America’s oldest custody bank BNY Mellon announced Bitcoin and crypto custody service. During the interview, Rieder said that the technology of Bitcoin has evolved to a point where asset managers and investors think