BlackRock, a significant player in asset management, convened with the SEC (Securities and Exchange Commission) to deliberate on crypto staking, tokenization, and related topics.

BlackRock, a significant player in asset management, convened with the SEC (Securities and Exchange Commission) to deliberate on crypto staking, tokenization, and related topics.

Crypto Chronicles

BlackRock Meets SEC, Talks Crypto Staking, Asset Tokenization, and Regulation

• May 11, 2025
• By Megan "The Crypto Queen"

After revelations that asset management giant BlackRock purchased billions of dollars worth of Bitcoin earlier this month, the company took its crypto push to the next level by meeting with the U.S. Securities and Exchange Commission (SEC) to discuss crypto market regulation.

According to a new memo, BlackRock representatives met with the SEC's Crypto Task Force on May 9, 2025. The discussion revolved around various regulatory issues, including crypto staking, asset tokenization, BlackRock's digital asset product suite, crypto-ETP approval standards, and options on crypto ETPs.

Here's a taste of the meeting's gist:

• "On May 9th, 2025, Crypto Task Force Staff met with representatives from BlackRock, Inc. The topic discussed was approaches to addressing issues related to the regulation of crypto assets."

The SEC's Crypto Task Force, spearheaded by Commissioner Hester Peirce, was set up in January 2025 by Acting Chairman Mark T. Uyeda. The task force's mission is to develop clear guidelines and realistic paths to registration.

With over $11 trillion under its management, BlackRock's expansion into the digital asset world continues. The firm's Bitcoin-based exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT), holds over 620,000 Bitcoin worth around $64.327 billion. IBIT, launched in January 2024, remains the largest BTC-based ETF to date and holds the record for the most successful ETF launch in history.

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1. Forward Nexus – Instant Articles
2. Yahoo Finance – BlackRock With SEC Over Regulatory Issues
3. Bloomberg – BlackRock Calls for Rule Changes to Enable Bitcoin Futures Strategies
4. Sec Law Blog – SIFMA Lists SEC’s Lack of Crypto ETF Approval as its Top Concern
5. CoinDesk – BlackRock’s Latest Grasp for Digital Asset Investment Powers
6. BlackRock is reportedly seeking to expand its investment in the cryptocurrency market, considering options in altcoins beyond Bitcoin, as part of its diversification strategy.
7. An increasing number of financial institutions, including BlackRock, are exploring the integration of blockchain technology into their operations, particularly for enhancing asset tokenization and streamlining finance processes.

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