BlackRock: 1% of Asian Wealth Could Trigger $2T Crypto Boom

Description

BlackRock's Nicholas Peach says a 1% allocation of Asian household wealth to crypto could bring to the market nearly $2 trillion in inflows. Speaking at Consensus Hong Kong, Peach highlighted that this shift would equal roughly 60% of the entire current crypto market cap. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters