Investments Behemoth BlackRock Tapping Deeper into Crypto with Latest Job Opening

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The world’s largest investment management firm BlackRock is tapping deeper into digital assets, hoping to strengthen its already robust portfolio with $7.8 trillion in assets under management (AUM) as of last quarter with a new job vacancy – Vice President and Blockchain Lead for its New York branch.

Aside from having strong foundations in the use and design of blockchain technology, a major part of the potential VP and Blockchain Lead’s responsibility will be contributing to the evaluation of crypto assets.

To be exact, the candidate “must have 1 year of experience in: articulating the technological foundations of blockchain technology cryptographic hash functions, distributed network consensus mechanisms, and public-private key cryptography; devising and articulating fundamental valuation methodologies for crypto-assets,” the job posting reads.

BlackRock has been termed the “Amazon of asset management”, handling a wide range of wealth-generating assets including cash, fixed income, equity, alternatives and others. It also has a digital assets arm currently led by former Ripple executive Robbie Mitchnick, which BlackRock intends to add to in light of the remarkable Bitcoin and crypto market performance this year.
Previously, BlackRock’s CEO Larry Fink spoke of Bitcoin in a positive light during an interview with CNBC earlier this month, stating that it has the potential to become a global market asset.

The post Investments Behemoth BlackRock Tapping Deeper into Crypto with Latest Job Opening appeared first on SuperCryptoNews.

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