Asset Management Giant BlackRock Held Meeting With SEC To Discuss Crypto Staking, Tokenization and More

The biggest asset manager in the world met with the U.S. Securities and Exchange Commission (SEC) to discuss several aspects of its crypto market regulation.

According to a new memo, asset management giant BlackRock met with the SEC Crypto Task Force to discuss crypto staking, asset tokenization, the firm’s suite of digital asset products, crypto exchange-traded product (ETP) approval standards, as well as options on crypto ETPs.

“On May 9th, 2025, Crypto Task Force Staff met with representatives from BlackRock, Inc. The topic discussed was approaches to addressing issues related to the regulation of crypto assets.”

The SEC Crypto Task Force, led by Commissioner Hester Peirce, was launched in January 2025 by then Acting Chairman Mark T. Uyeda to create clear crypto guidelines and provide realistic paths to registration.

Earlier this month, BlackRock, which has over $11 trillion under its management, continued its expansion into the world of digital assets as it purchased billions of dollars worth of Bitcoin (BTC), the top crypto asset by market cap.

Data from Bitcoin Treasuries reveals that the iShares Bitcoin Trust (IBIT), BlackRock’s BTC-based exchange-traded fund (ETF), currently has 620,252 BTC worth about $64.327 billion.

IBIT, which was launched in January 2024, is currently the largest BTC-based ETF and holds the record for the most successful ETF launch in history.

Bitcoin is trading for $103,213 at time of writing, a marginal increase during the last 24 hours.

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