BlackRock’s $11 Trillion Asset Manager Meets SEC on Crypto Staking, Tokenization, ETFs

BlackRock, the world’s largest asset manager with $11 trillion in assets, met with the SEC Crypto Task Force on May 9 to discuss several key issues related to cryptocurrency. The topics included staking regulations, tokenization, standards for approving spot and ETP exchange-traded funds (ETFs), and the potential for options trading on crypto ETFs. This meeting marks the 99th engagement of the SEC Crypto Task Force with industry participants since February, indicating a significant increase in regulatory dialogue compared to the previous four years. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io