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BlockFi partners with Neuberger Berman to launch crypto ETFs -Breaking


BlockFi, a crypto lending company has partnered with Neuberger Berman in New York for development and distribution of cryptocurrency products.

BlockFi announced its intention to launch in October 25, via an Oct. 25 announcement. the joint venture, BlockFi Nb, expects to “launch crypto asset management products, including ETFs and other traditional structures,” giving investors exposure to crypto in their brokerage accounts. According to the two firms, the partnership will combine BlockFi’s retail and institutional crypto solutions with Neuberger Berman’s suite of crypto strategies.