Last year BlackRock bought FutureAdvisor, a robo-adviser that manages savings for individual investors. Fintech start-up iCapital Network's next funding round will be led by BlackRock, as the world's biggest asset manager seeks a foothold in the fintech sector. iCapital offers its 3,000 clients "access to private equity funds, hedge funds, and other alternative investments". The firm has been working with blockchain startup R3 CEV on an initial coin offering (ICO) for its new digital currency called Ethereum.
Fintech start-up iCapital Network's next funding round will be led by BlackRock, as the world's biggest asset manager seeks a foothold in the fintech sector. iCapital offers its 3,000 clients "access to private equity funds, hedge funds, and other alternative investments". The firm has been working with blockchain startup R3 CEV on an initial coin offering (ICO) for its new digital currency called Ethereum.