blackrock.

ChainCatcher news, according to Coinpost, the stablecoin issuer Tether revealed in its Q2 2024 financial report that the company's net profit reached a record high of $5.2 billion in the first half of this year. In Q2 2024 (April-June), the company achieved a net profit of $1.3 billion, setting a new historical record.Tether's revenue for 2023 was $6.2 billion, surpassing the $5.5 billion revenue of major global investment firm BlackRock in the same year. BlackRock has 20,000 employees, while Tether has 100 employees, indicating that Tether's employee profitability is extremely high.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media: "I didn't expect that the U.S. Bitcoin spot ETF is likely to surpass Satoshi Nakamoto in October to become the largest entity holding Bitcoin. Just the ETF product launched by BlackRock is already the third largest holder of Bitcoin and is expected to become the largest holder by the end of next year, and it is very likely to maintain this position for a long time."

ChainCatcher news, according to official sources, the RWA tokenization platform Securitize has completed a $47 million strategic financing round, led by BlackRock, with participation from Hamilton Lane, ParaFi Capital, Tradeweb Markets, Aptos Labs, Circle, and Paxos. The funds from this round will be used to accelerate product development and further strengthen its partnerships within the financial services ecosystem.As part of the investment, Joseph Chalom, Global Head of Strategic Ecosystem Partnerships at BlackRock, has been appointed to the board of Securitize.