BlackRock and others support Clarity Act, Nate Geraci notes

BlackRock and others support Clarity Act, Nate Geraci notes
Major firms back Clarity Act in crypto

Nate Geraci highlights that several major asset managers, including BlackRock, Fidelity, Charles Schwab, Goldman Sachs, and Franklin Templeton, are now supporting the Clarity Act.

He recalls earlier skepticism around crypto, noting that some still view it as a scam.

Earlier this year, Geraci reported that nearly 40 major firms, including BlackRock and Goldman Sachs, joined a DTCC trial to tokenize securities and ETFs. He also covered the U.S. Treasury Department’s selection of the State Street SPDR Portfolio S&P 500 ETF as the default for Trump accounts. Both developments reflect ongoing engagement from leading financial institutions in market innovation.

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