BlackRock is intensifying its commitment to digital assets by announcing the creation of seven new positions aimed at bolstering its cryptocurrency and blockchain offerings on a global scale. This strategic hiring initiative comes in response to an increasing institutional appetite for tokenized and on-chain assets.
According to a job posting, the $10 trillion asset management giant will employ six professionals in the United States and one in Singapore. This move follows a LinkedIn post by Robert Mitchnick, the head of digital assets at BlackRock, who highlighted these open positions.
One notable role in the U.S. focuses on enhancing the iShares digital asset exchange-traded fund (ETF) range. The job listing for “Vice President/Director, Digital Assets Product Strategist” seeks an individual to scale existing offerings, including its cryptocurrency ETFs, and to extend them to institutional and wealth management clients. Currently, the iShares Bitcoin Trust (IBIT) manages $70 billion in assets.
This role also emphasizes the development of “next generation products with strong commercial appeal,” indicating BlackRock”s desire to innovate beyond conventional investment vehicles.
Meanwhile, the Singapore-based position carries broader responsibilities. BlackRock is in search of a leader to develop its digital asset strategy across Asia, where the regulatory environment is becoming clearer, and interest from institutional investors is rising. The role requires setting commercial objectives and identifying “first-mover big bets” in alignment with global priorities, alongside crafting a multi-year business strategy.
This hiring surge reflects BlackRock”s expanding influence in the cryptocurrency market. The firm gained significant attention last year with the launch of its spot bitcoin ETF, which catalyzed record inflows into various crypto investment vehicles. Beyond ETFs, it is also pursuing an asset tokenization strategy.
BlackRock”s CEO, Larry Fink, has publicly expressed the transformative potential of tokenized assets to enhance transparency and efficiency in capital markets. In line with this vision, the firm debuted a tokenized fund on the Ethereum blockchain last year and has invested in infrastructure providers like Securitize to explore the capabilities of public blockchains in supporting regulated financial products.
As of now, a representative from BlackRock has not been available for comment regarding this hiring initiative.
This expansion plan further solidifies BlackRock”s position at the forefront of the digital asset landscape, as the firm continues to navigate and shape the evolving regulatory and market dynamics in the cryptocurrency space.
