BlackRock has executed a significant cryptocurrency transaction involving Ethereum and Bitcoin on Coinbase Prime. The asset management giant deposited 4,538 ETH, valued at approximately $20.42 million, into Coinbase Prime. In return, BlackRock received 293.6 BTC, worth around $34 million, from the platform. This transaction highlights BlackRock's active engagement in the cryptocurrency market, utilizing Coinbase Prime for substantial asset swaps.
BlackRock Executes Major Crypto Asset Swap on Coinbase Prime
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