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.

Larry Fink, Chairman and Chief Executive Officer of BlackRock



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