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BlackRock is evaluating cryptocurrencies, CEO Fink says via @reuters

Reuters reports, “BlackRock Inc (BLK.N) Chief Executive Larry Fink on Monday said the world’s largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor demand. “’We are a big student of blockchain,’ Fink said in an interview with Reuters. […]

By Chris Sykora · July 16, 2018
BlackRock is evaluating cryptocurrencies, CEO Fink says via @reuters

Reuters reports, “BlackRock Inc (BLK.N) Chief Executive Larry Fink on Monday said the world’s largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor demand.

“’We are a big student of blockchain,’ Fink said in an interview with Reuters. Adding that he doesn’t see ‘huge demand for cryptocurrencies,’ the company has a working group studying it.”

Continue to read the full story at Reuters.