Blackrock Recognized Altcoin Gains Traction Amid Global Energy Crisis

After attracting interest from top asset manager Blackrock recently, a relatively less popular altcoin has been gaining traction. The altcoin, used in application development for the energy sector, gains prominence in the current circumstances given the energy shortage. In an announcement made last month, the asset manager said it was encouraged by blockchain projects focused on energy efficiency. Blackrock announced the launch of a Bitcoin private trust, making clear its intentions on the crypto ventures.