Coinbase And BlackRock Cozy Up On Bitcoin Bandwagon

AFP via Getty Images Coinbase and BlackRock announced a new partnership Thursday to allow BlackRock clients to trade and manage crypto in-house The partnership combines services from Coinbase Prime and BlackRock’s Aladdin, both of which serve institutional investors Coinbase stock soared as high as 44% in intraday trading before closing up 10% The news is a breath of fresh air for investors who see the deal reviving crypto after a tough year Shares of cryptocurrency exchange Coinbase Global spiked as high as 44% in intraday trading Thursday.