The post $14T Giant BlackRock Blocks Withdrawals After $1.2B Exit Requests appeared first on Coinpedia Fintech News
World’s largest asset manager, BlackRock, with AUM of $14 trillion, has limited withdrawals from its $26 billion lending fund after investors rushed to pull out $1.2 billion, far above the allowed limit.The move has raised liquidity concerns for BlackRock. Many in the financial world are now asking why the firm has limited withdrawals and Is …
