BlackRock, the $10 trillion asset manager, is recruiting for seven digital asset positions across the US and Asia to bolster its cryptocurrency and blockchain initiatives. The roles aim to scale existing ETFs like the iShares Bitcoin Trust and pursue tokenization opportunities. This move follows the firm's successful launch of a spot bitcoin ETF last year.
BlackRock is intensifying its involvement in cryptocurrencies by opening seven new positions focused on digital assets. Six of these roles are based in the United States, while one is located in Singapore. The initiative was highlighted last week when Robert Mitchnick, BlackRock's head of digital assets, shared the job postings on LinkedIn.
A key US position, titled Vice President/Director, Digital Assets Product Strategist, involves expanding the iShares digital asset ETF lineup. This includes growing the iShares Bitcoin Trust (IBIT), which currently manages $70 billion in assets, and developing new crypto-linked products for institutional and wealth management clients. The role also emphasizes creating next-generation products with strong commercial appeal.
In Singapore, the firm seeks a leader to drive its digital asset strategy throughout Asia. Responsibilities include shaping long-term plans, setting commercial targets, and identifying first-mover opportunities that align with global priorities. This position requires developing a multi-year business plan amid increasing regulatory clarity and institutional demand in the region.
These hires build on BlackRock's recent achievements in crypto. Last year, the company launched its spot bitcoin ETF, which contributed to record investment flows into such vehicles. Beyond ETFs, BlackRock is advancing asset tokenization. It introduced a tokenized fund on the Ethereum blockchain and has invested in infrastructure like Securitize to integrate public blockchains with regulated financial products.
BlackRock CEO Larry Fink has advocated for tokenized assets, noting their potential to enhance transparency and settlement efficiency in capital markets. A BlackRock representative was unavailable for comment on the hiring push.
