BlackRock Expands Digital Asset Strategy Amid Growing Institutional Interest

According to PANews, BlackRock is actively recruiting new employees to enhance its digital asset strategy, aiming to expand cryptocurrency and blockchain-related products globally. The company has announced seven digital asset-related positions, with six located in the United States and one in Singapore. In the U.S., one position focuses on expanding BlackRock's iShares digital asset ETF product line. The role of 'Digital Asset Product Strategy Vice President/Director' requires candidates to scale existing products, including cryptocurrency ETFs, and assist in promoting these products to institutional and wealth management clients. The position also mentions developing 'next-generation products with strong commercial appeal,' indicating the company's intention to innovate beyond traditional investment products. In Singapore, BlackRock is seeking a leader to formulate its digital asset strategy in Asia. This role involves setting business objectives and identifying 'proactive significant investments' in the region that align with global priorities. Developing multi-year business plans is also part of the responsibilities for this position.