Cryptocurrency Q&A
Will BlackRock use HBAR?
Will BlackRock use HBAR?
RobertJohnson
Wed Jul 03 2024
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7 answers
1847
Could you elaborate on the potential for BlackRock, a renowned investment management firm, to adopt the Hedera Hashgraph network and utilize its native cryptocurrency, HBAR? Given BlackRock's vast portfolio and focus on emerging technologies, what factors would influence their decision to integrate HBAR into their investment strategies? Are there any specific advantages that HBAR offers over other cryptocurrencies that might attract BlackRock's attention? Additionally, what challenges or obstacles could potentially hinder BlackRock's adoption of HBAR?
7 answers
Giovanni
Fri Jul 05 2024
BlackRock, a renowned financial institution, has clarified its position regarding its association with Hedera.
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Chiara
Fri Jul 05 2024
In a recent statement, BlackRock has explicitly stated that it maintains "no commercial relationship" with Hedera.
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isabella_cole_psychologist
Fri Jul 05 2024
This disclosure follows speculation that BlackRock had selected Hedera Hashgraph for tokenizing some of its funds.
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CryptoVisionary
Thu Jul 04 2024
However, BlackRock has denied any such involvement, clarifying that it did not opt for Hedera Hashgraph for tokenizing any of its funds.
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Ilaria
Thu Jul 04 2024
This includes the company's $22 billion money market fund, which is a significant portion of its assets under management.
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