BlackRock sees AI driving crypto’s next bull phase as altcoin interest fades

BlackRock sees AI driving crypto’s next bull phase as altcoin interest fades

The asset management giant's Robbie Mitchnic said clients are focused on bitcoin, ether and only a few other tokens, and aren't looking for broad exposure. Rather, they see opportunity for crypto in artificial intelligence.

BlackRocks head of digital assets, Robbie Mitchnick, signaled a shift in how large investors view crypto, pointing to artificial intelligence (AI) as a more meaningful driver than the expansion of ne… [+2054 chars]