Since applying for the Bitcoin ETF,BlackRock has already made it clear that it will enter the field of crypto asset management,but the operation of digital assets needs to meet a series of compliance conditions,such as digital asset custody and trading licenses,MSB (money service business),MTL (money transmission) license).Īt the same time,Voyager Digital has a crypto brokerage license,which can directly provide BlackRock with a complete set of forward-looking conditions required to operate crypto asset business,helping to quickly promote crypto business in the United States. but it also triggered a series of speculations from the outside world. This represents not only a strategic move into the cryptocurrency sector but also preparation for the lengthy Bitcoin ETF application process.It bears great significance for the entire cryptocurrency market.Īs an asset management giant, BlackRock has currently made more than 200 investments and acquisitions around the world, all in the traditional financial and technology fields.This acquisition of a company in the encryption field is the first time in history, although the details of the acquisition negotiations have not been made public. In the future,once the acquisition plan is finalized, Voyager will become BlackRock first acquisition in the cryptocurrency field. The two parties are in negotiations regarding the current sale of the assets and shares of the bankrupt entity and have reached a preliminary acquisition intent. in the past month, BlackRock has completed the first round of due diligence on Voyager Digital, an encryption platform that has filed for bankruptcy. It pulls USD funds from your external bank account and purchases the coin of your choice at an interval you set.New York, United States, 9th Sep 2023, King NewsWire – BlackRock plans to acquire Voyager Digital, deepening its layout in the encryption field.Īccording to industry insiders. You can automate your investment by setting up a recurring buy in your account.
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