BlackRock To Hire A VP To Devise Fundamental Valuation Methodologies For Crypto-Assets
BlackRock To Hire A VP To Devise Fundamental Valuation Methodologies For Crypto-Assets
December 29, 2020
BlackRock To Hire A VP To Devise Fundamental Valuation Methodologies For Crypto-Assets
BlackRock To Hire A VP To Devise Fundamental Valuation Methodologies For Crypto-Assets
December 29, 2020

BlackRock, the world’s largest asset manager, has set to hire a Vice President (VP) to devise fundamental valuation methodologies for crypto-assets.

It has been reported that BlackRock, which has about $7 trillion assets under management, has been turning Bitcoin-friendly.

However, it all started in November when Rick Rieder, the CIO of Fixed Income at BlackRock, not only said that Bitcoin and cryptocurrencies are here to stay but that digital gold can replace yellow metal someday.

Rieder also said that there is “clearly greater demand than supply.”

The report stated that at the beginning of this month, CEO Larry Fink talked about Bitcoin by catching the attention of people, which can possibly evolve into a global market asset that is while questioning the US dollar’s status as a reserve currency. And now, BlackRock is hiring a vice president to “drive demand” for its crypto offerings.

As per the job vacancy, the New-York VP of blockchain will have at least one year of experience in the technological foundations of blockchain technology including cryptographic hash functions, distributed network consensus mechanisms, and public-private key cryptography.

ALSO READ :  China Introduces Blockchain-Based Identification System As A Part Of Smart City Infrastructure

Likewise, the candidate will be creating and articulating fundamental valuation methodologies for digital assets; evaluating game theory and decentralizing governance models; and work with key drivers of blockchain networks’ design and their impact on speed, scalability, privacy, and security.

Thus, the description read:

“He/she has to create and implement strategies designed to drive demand for the firm’s offerings and enhance the value proposition to clients of the firm’s investments and technology offerings.”

Source: Bitcoin Exchange Guide


Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.