BlackRock prepares new crypto projects, expands hiring

Asset management giant BlackRock is expanding its digital asset division with four new senior-level job openings. The move highlights the firm’s growing ambitions in the crypto space as tokenization gains momentum on Wall Street.
 

On March 27, BlackRock listed openings for a Director of Digital Assets, Director of Regulatory Affairs, Vice President of Digital Asset and ETF Legal Counsel, and a Digital Asset Associate. Three roles are based in New York and one in Atlanta.
 

ETFs and legal groundwork

While job descriptions remain broad, one position stands out: the legal counsel will assist with future exchange-traded fund (ETF) launches. BlackRock has already introduced two spot crypto ETFs — iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHE).
 

Unlike other issuers exploring products tied to Solana, XRP, or Litecoin, BlackRock has not announced any additional crypto ETF plans. However, the new legal role indicates that more products could be in development.
 

Leadership in tokenized finance

BlackRock is also accelerating its presence in tokenization. Its USD Institutional Digital Liquidity Fund (BUIDL), launched in 2023, has already attracted $1.7 billion — making it the largest tokenized fund on the market.
 

The timing aligns with broader institutional interest following President Trump’s return to office. Financial giants are moving quickly to establish leadership in crypto infrastructure and products.
 

Though the company remains tight-lipped about future offerings, this wave of hiring makes one thing clear: BlackRock is preparing for a deeper and more strategic expansion into digital assets.