BlackRock's on-chain asset value surpasses Grayscale, becoming the world's largest digital asset management company

According to Arkham Intelligence data, as of August 21, BlackRock's on-chain asset value officially surpassed Grayscale, becoming the world's largest digital asset management company. By the second quarter of 2024, BlackRock's AUM rose from $9.43 trillion in 2023 to a record high of $10.65 trillion. In the field of digital assets, as of August 21, 2024, BlackRock held $215.27 billion in on-chain assets. In contrast, Grayscale's on-chain asset value was $214.57 billion, which is $70 million less than BlackRock.