July 16, 2018 / 12:51 PM / a month ago

BlackRock is evaluating cryptocurrencies, CEO says

NEW YORK, July 16 (Reuters) - BlackRock Inc Chief Executive Larry Fink on Monday said the world's largest asset manager has assembled a working group that is looking at blockchain technology and cryptocurrencies, such as bitcoin, but cautioned he does not see massive investor demand.

"We are a big student of blockchain," Fink said in an interview with Reuters. Adding that he doesn't see "huge demand for cryptocurrencies," the company has a working group studying it. (Reporting by Trevor Hunnicutt Editing by Jeffrey Benkoe)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below