BlackRock (BLK) Company Report

Cryptio closed a $45 million Series B financing co-led by BlackFin Capital Partners and Sentinel Global, with participation from 1kx, Alven, BlueYard Capital and Ledger Cathay Capital.
The ERP platform supports over 400 institutions in 30+ countries and has processed $3 trillion in transaction volume, covering stablecoins, tokenized assets, loans and FX operations.
Proceeds will fund expansion of ERP applications, including loan management and treasury management, for regulated institutions integrating digital assets.

17 hours ago

Press Release

BlackRock launches iShares Staked Ethereum Trust ETF

BLK

Product Launch

BlackRock launched the iShares Staked Ethereum Trust ETF (ETHB), offering spot ether exposure plus potential income from staking a portion of its ether holdings.
ETHB carries a 0.25% sponsor fee, with a one-year waiver reducing the fee to 0.12% on the first $2.5 billion of AUM; after the waiver, the fee reverts to 0.25%.
The ETF complements BlackRock’s existing digital-asset ETPs: the iShares Bitcoin Trust (IBIT) with over $55 billion AUM and iShares Ethereum Trust (ETHA) with $6.5 billion AUM.
BlackRock oversees approximately $130 billion in digital-asset ETPs, tokenized liquidity funds, and stablecoin management, and captured 95% of industry flows into digital-asset ETPs in 2025.

1 day ago

Press Release

BlackRock caps redemptions on $26 billion private-credit fund

BLK

Demand Weakening

New Projects/Investments

BlackRock capped withdrawals from its $26 billion HPS Corporate Lending Fund after investors requested about $1.2 billion (≈9.3% of NAV) but approved only $620 million, hitting the 5% quarterly redemption limit.
The move highlights the structural mismatch in semi-liquid interval/BDC-style private credit funds, which hold long-duration illiquid loans and use gates to avoid forced asset sales that hurt remaining investors.
The fund has delivered ~10.7% annualized returns over its four-year life, helping drive strong investor demand before the redemption surge.
BlackRock’s share price fell roughly 7.7% intraday to about $955.45, even as analyst coverage remained skewed positive (17 Buy vs. 3 Hold), indicating a disconnect between market sentiment and long-term views.
The fund was acquired in 2024 as part of BlackRock’s $12 billion expansion into private credit via the HPS deal, underscoring BDCs’ appeal to retail investors.

7 days ago

Bloomberg

BlackRock’s GIP unit agrees to acquire TCR

BLK

M&A

New Projects/Investments

BlackRock’s GIP agrees to acquire TCR, the world’s largest independent lessor of airport ground support equipment, from 3i Infrastructure.
TCR manages a fleet across 200+ airports under long-term contracts.
TCR’s management team will co-invest alongside GIP to support future growth.
The deal aligns with GIP’s strategy and is subject to customary closing conditions and regulatory approvals.
GIP, part of BlackRock, oversees $193 billion in assets under management.

Mar 5, 2026, 2:00 PM

Press Release

BlackRock launches U.S. leveraged loan ETF

BLK

Product Launch

iShares Broad USD Floating Rate Loan ETF (USLN) launched to provide index-based access to U.S. dollar-denominated leveraged loans.
USLN tracks the Morningstar LSTA US Leveraged Loan Broad Select Index and invests in senior secured loans to enhance income and reduce interest-rate sensitivity.
The ETF’s gross expense ratio is 0.43%, with a net expense ratio of 0.40%.
BlackRock manages over $40 billion in loan assets and iShares oversees $5.7 trillion in ETF AUM globally, including $1.2 trillion in bond ETFs.

Mar 4, 2026, 2:00 PM

Press Release

Axelera AI raises $250M Series A round

BLK

New Projects/Investments

Axelera AI closed a $250 million Series A financing led by Innovation Industries and SiteGround Capital, with participation from BlackRock, CDP Venture Capital, EIC Fund, SFPIM, Invest-NL, Samsung Catalyst Fund, and Verve Investments
The proceeds will accelerate global business growth by scaling production, expanding its 500+ customer base, and advancing its Europa and Metis edge AI platforms and Voyager SDK
Axelera’s solutions address energy and cooling constraints at the network edge, targeting sectors such as telecom, aerospace, defense, manufacturing, retail, agriculture, robotics, and security
This Series A is the largest ever for a pure-play edge AI semiconductor company, following over $450 million in funding secured since July 2021

Feb 25, 2026, 3:20 PM

Press Release

BlackRock backs $250M funding for Axelera AI

BLK

New Projects/Investments

Axelera AI raised over $250 million in a funding round led by Innovation Industries and joined by BlackRock, SiteGround Capital, and EU institutions.
The round brings total equity, grants, and venture capital raised since its July 2021 founding to more than $450 million.
The company’s Edge-First architecture addresses critical energy and thermal constraints for AI inference, supporting 500+ global customers across defense, industrial manufacturing, retail, agritech, robotics, and security sectors.
Proceeds will accelerate production capacity, expand the Partner Accelerator Network, and advance software tools and SDKs for global deployment.

Feb 25, 2026, 3:11 PM

Press Release

Axelera AI secures $250M funding led by Innovation Industries

BLK

New Projects/Investments

Axelera AI raised more than $250 million in its latest round led by Innovation Industries, with participation from BlackRock and other institutional investors.
The company has accumulated over $450 million in equity, grants, and venture debt since July 2021.
Axelera has shipped to its 500th global customer across industries such as defense, manufacturing, and retail.
Its edge-first architecture addresses AI energy and cooling constraints, targeting a projected $250 billion inference market by 2030.

Feb 24, 2026, 1:00 PM

Press Release

Better.com partners with Framework Ventures on $500M mortgage token

BLK

New Projects/Investments

Better Home & Finance teams with Framework Ventures to channel $500 million of mortgage credit into the Sky protocol’s stablecoin ecosystem.
Framework Ventures acquires a ~10% stake for $45 million, plus warrants for up to 211,312 Class A shares exercisable at $27 or 90% of VWAP, expiring on Feb 17, 2027.
Better plans to issue mortgage-backed tokens that generate yield, initially for accredited investors, with a potential retail “Home Token” launch later.
The company targeted a $7.7 billion valuation in its planned 2021 IPO, saw shares plunge over 90% on its 2023 debut, and now trades near $27 with a market cap of about $450 million.

Feb 23, 2026, 10:07 PM

Fortune

BlackRock: Mubadala boosts stake in iShares Bitcoin Trust by 46%

BLK

New Projects/Investments

Mubadala increased its IBIT holding to ~~12.7 million shares (~~$630 million), up 46% from the prior quarter
Abu Dhabi investment vehicles held over 20 million IBIT shares (~$1.1 billion) at year-end, including Al Warda’s ~8.2 million shares
Purchases occurred amid Bitcoin price weakness while IBIT remains the largest spot Bitcoin ETF
Other institutions also repositioned: Jane Street raised its IBIT stake by 7.1 million shares to 20.3 million (~$790 million); Goldman Sachs reported ~$1.1 billion in IBIT exposure within $2.36 billion of total crypto holdings