One of the most well-known financial companies, BlackRock meets with the US Securities and Exchange Commission (SEC) and engages in consultations that could have a significant impact on the digital asset sector. In fact, according to a recent memo, a $10 trillion asset manager had a discussion with the agency’s cryptographic task force, introducing four key facets.
For the past two years, asset managers have been one of the biggest drivers at $100,000, an unprecedented surge in Bitcoin. Additionally, BlackRock recently revealed an astounding $32 million in first quarter revenue from ISHARES Bitcoin Trust (IBIT) in this week’s SEC filing.
Just In: BlackRock, a $10 trillion asset manager, meets and discusses with the SEC Crypto Task Force.
Staking
•option
• Tokenization
• ETF Approval Criteria pic.twitter.com/hdtknjs3wn– watcher.guru (@watcherguru) May 9, 2025
BlackRock & Sec Crypto Task Force Meet: This is what they discussed
It was a big week for the cryptocurrency market. Following the announcement of a new trade agreement between the US and the UK, the sector has surged amid easing concerns within the geopolitical sector. Bitcoin has since surged to the price of $100,000 for the first time since February.
Things can become even more interesting as the industry is getting particularly strong. Specifically, BlackRock and the SEC’s Crypto Task Force held critical talks on Friday. In fact, several executives of asset managers attended the meeting, including director of regulator Benjamin Tekmia and head of digital assets Robert Mitchnick.
According to a note from the meeting request, both sides discussed BlackRock’s digital asset product suite, staking, tokenization, crypto-based ETF approval criteria, and options for products traded on exchanges.
Specifically, the meeting explored staking, handling of regulatory measures, and ETF approval criteria from agencies to support tokenization. Overall, the conference appears to only support BlackRock’s high presence in the crypto sector. Furthermore, it speaks to the Cryptocratic Task Force’s willingness to become an audience for these companies that are clearly craving regulatory advances across the industry.
