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      Bitget Engages with BlackRock for Digital Asset Distribution in Asia

      Bitget is currently in discussions with major financial institutions, including BlackRock, to enhance the distribution of digital asset products across Asia. Gracy Chen, CEO of Bitget, highlighted the importance of these talks, particularly in relation to the expansion of tokenized exchange-traded funds (ETFs) in the region. Chen emphasized the ongoing communication with BlackRock, the largest asset management firm globally, regarding distribution strategies in the Asian market.

      A representative from BlackRock confirmed that the company has launched cryptocurrency exchange-traded products (ETPs) in Asia and collaborates with various virtual asset service providers on multiple projects. However, the spokesperson did not provide specific details about future expansion plans in the region.

      The potential for growth in the Asian cryptocurrency market is significant, with an OECD report projecting a 69% year-on-year increase in trading volume of blockchain cryptocurrency assets by June 2025, the highest among all global regions. Additionally, Nicholas Peach, head of BlackRock's Asia-Pacific iShares division, noted at the 2026 Hong Kong Consensus conference that Asian household wealth stands at approximately $108 trillion, suggesting that even a small allocation to cryptocurrency could result in substantial inflows.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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