Coinbase is partnering with BlackRock.

Coinbase is partnering with BlackRock.

This is the quick update on how digital assets are going to change the world


BlackRock is one of the world's leading providers of investment, advisory and risk management solutions.


And Coinbase is a secure online platform to buy, sell, transfer and store cryptocurrencies.

Coinbase is one of the most trusted cryptocurrency platforms.

BlackRock will provide its institutional clients with access to crypto trading through its platform.

Coinbase's share price rose more than 18% to $95.47 on Thursday.

Institutional interest in the cryptocurrency space remains high despite the recent market drop, hence the move.

Cryptocurrency is usually decentralised digital money designed to be used on the Internet.

BlackRock has previously expressed interest in the digital asset.

BlackRock was studying how digital currencies and stablecoins could help the company's clients.