The investment firm BlackRock will launch a new program to help “help investors understand the blackstone industry.”
The new initiative, which is being led by BlackRock’s Chief Investment Officer and Chief Technology Officer and will be based on BlackRock Capital’s “investment research platform,” will offer investment advice to institutional investors on investing in the cryptocurrency space, according to a press release from BlackRock.
“This is the first time in BlackRock history that the investment community will be able to connect directly with the best and brightest experts in the sector to help investors understand and appreciate the opportunities in cryptocurrency,” the press release said.
This is BlackRock investing research, a new investment tool that will help investors better understand the bitcoin and altcoin markets.
BlackRock will also host an investor call in September for “top experts” in the blackcoin space to answer questions about blackcoin.
In addition to investing research and investing, BlackRock is also currently partnering with Coinlab to launch the “Crypto-Capital of the World” contest.
The contest will give participants the chance to win one of two prizes — the first prize will be awarded to a winner of the “Best Cryptocurrency Startup” category.
The second prize will go to a “Best Blackcoin App” winner.
The company’s press release announcing the contest said that the contest will also feature a “best in show” competition.
The press release also said that “BlackRock Capital will be hosting a conference call this September with top experts in Blackcoin and cryptocurrency investing to talk about the state of the industry and share some insights from their extensive research.”
BlackRock is the fourth major technology investment bank to announce it will invest in cryptocurrency and blockchain startups.