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Blackrock investment in Ethereum and its impact on Jasmy

  • Franki Ford
  • Oct 23
  • 1 min read

Updated: Oct 24


Recent news confirms that BlackRock clients have purchased $41.91 million in Ethereum, signalling growing institutional confidence in blockchain technology. This development indirectly supports Jasmy’s long-term vision and ecosystem, since Jasmy operates on the Ethereum network (ERC-20).


Key Points:

  • When Ethereum gains credibility, it strengthens every legitimate project built on it,

    including Jasmy.

  • BlackRock’s investment shows that traditional finance and blockchain are merging, which aligns perfectly with Jasmy’s mission to connect Web2 systems with Web3 data ownership.

  • As big investors fund Ethereum’s growth, they’re also improving the technology that supports Jasmy, including:

    • Faster and cheaper Ethereum transactions (Layer-2 scaling)

    • Expansion of DeFi and blockchain payment systems

    • Broader business trust in blockchain data solutions

  • This means the world Jasmy has been working toward — where people securely own and control their personal data — is becoming more realistic and closer to mainstream acceptance.


Takeaway: BlackRock’s Ethereum investment not only validates Ethereum’s strength but also helps bring Jasmy’s data-ownership vision closer to global recognition.


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Larry Fink, Chairman and Chief Executive Officer of BlackRock

 
 
 

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