Asset Management Giant BlackRock to Use Kraken Subsidiary For Crypto Product

“The launch of BlackRock’s bitcoin fund is a sign of how far crypto has matured as an asset-class,” CF Benchmark CEO Sui Chung told CoinDesk. “As the provider of the robust high integrity benchmarks that enable asset managers to properly value their financial products, CF Benchmarks is proud to have played this integral role in helping facilitate the entrance of new investors and capital into the still-nascent asset class,” he added.