Fintech

The Fintech Files: Institutions dive into digital assets – but the anti-crypto resistance is growing

Abrdn, BlackRock and others are making big crypto plays. Fintech Files gives you the lowdown

Institutions such as Abrdn and BlackRock are diving into crypto assets
Institutions such as Abrdn and BlackRock are diving into crypto assets Photo: Getty Images

Yes, your bitcoin is still down. But the weight of institutional cash being ploughed into crypto is growing by the week.

Abrdn is the latest to take the plunge. The Edinburgh-based firm is giving investors access to digital assets via Archax, a blockchain group in which it is now the biggest external shareholder, it said on 12 August.

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