BlackRock, which manages $15.3 trillion in consumer belongings, has expanded its tokenized money choices with new blockchain-based cash market merchandise. Its head of digital belongings, Robert Mitchnick, stated final week that the macro case for bitcoin is strengthening.
BlackRock has been constructing its digital-asset presence in Asia. Throughout Consensus Hong Kong 2026, Nicholas Peach, head of BlackRock’s APAC iShares division, stated that even a 1% allocation to crypto in Asia might drive almost $2 trillion in inflows into the market. Peach primarily based the calculation on an estimated $108 trillion of family wealth in Asia.
The agency introduced a brand new digital-assets function in Singapore in December, saying the rent would affect its technique throughout Asia and determine first-mover alternatives within the area.
Bitget has 125 million registered customers globally, with roughly half primarily based in East and Southeast Asia, Chen famous.
Greater than half of Bitget’s customers, 52% in accordance with the corporate’s personal Q1 2026 knowledge, already maintain each crypto and conventional shares, Chen stated, making crypto exchanges a possible distribution level for asset managers attempting to achieve buyers who not separate the 2 asset lessons.
Coinbase serves as custodian for almost all of BlackRock’s bitcoin and Ethereum ETPs within the U.S., Keith Grose, Coinbase’s UK CEO, informed CoinDesk individually. “Gamers like BlackRock are main the way in which,” Grose stated. “They had been the primary to launch a Bitcoin at-scale ETP, and now additionally they have massive funds onchain.”
