BlackRock Deposits $100M in ETH and BTC to Coinbase Prime

BlackRock has deposited 54,096 ETH and 2,015 BTC into Coinbase Prime, according to Lookonchain. The transfers amount to roughly $131.7 million and $153.8 million in value. Coinbase Prime is a prime brokerage platform offering trading, custody, and capital-raising services for institutional investors, suggesting potential additional use cases beyond simple deposits.