Just In: After Blackrock, This Company Invests Big In Crypto Amid Downturn

On a day when Coinbase announced its partnership with Blackrock, there is another massive news in the crypto ecosystem. Currently, several companies in the crypto industry are facing headwinds in the form of liquidations and reduced user activity. In these circumstances, Blackrock took the big step of officially entering the world of cryptocurrencies. The announcement was taken positively by the stock market, with COIN shares surging by around 40% at one point.