Blackrock is a multinational company based in New York created in 1988. It’s works on asset management . Now, Blockrock Starts investing in Bitcoin!
Rick Rieder managing director of the largest asset in the world, has touched on the BTC in an interview with CNBC on Wednesday.
Rick approuved that the Blockrock company ‘started to dabble’ ( begin to invest)in BTC .He annonced that recently the world’s largest asset manager had 8.68 $ trillion of assets under his management and the company has started investing in the Bitcoin.
Reider says that his view about this cryptocurrencies revolution ; the progress of the technology has been progressing in order to people find that is an obligation of having BTC in their portfolio.Furthermore,people are looking for an investment sure and progressing in the longer terms.
And when the press asked him in which division cryptocurrency should be , He answred ;
“I wouldn’t put a number on the percentage allocation one should have, [since it] depends on what the rest of your portfolio looks like.”
The cheif of the company clarified that :
Almost companies like Blockrock Starts investing in Bitcoin, For this reason it has been significaly gaining. Elon Musk’s Tesla had invested 1.5 billion in BTC. Nearly he will accept the payments with bitcoin for buying his Telsla’s products . Last week,Mastercard affirmed that the most of cryptocurrencies will be acceptable on its network . And the famous bank BNY Mellon will supply it’s clients with BTC services.
For the progress of BTC . He comments that the BTC is here to stay and not to live , with the intention to move the gold .