đGood news! According to Bloomberg, BlackRock, the world's largest asset management company, will spend 2.55 billion pounds (about 3.2 billion US dollars) to acquire Preqin, a private capital database provider. đThe acquisition will greatly enhance BlackRock's regulatory risk and analytical data capabilities in the private asset market, while also expanding its Aladdin technology system. đ The transaction is expected to be completed by the end of this year, of course, subject to regulatory and other necessary approvals.
đŁIn addition, Nate Geraci, president of The ETF Store, commented on the X platform that BlackRock's acquisition of Preqin may be to use this data to create an ETF. đĄThis undoubtedly provides us with a new perspective to observe the blockchain industry, and we can look forward to more innovations and opportunities. For Bitcoin, we remain optimistic and look forward to its future performance. đ