BlackRock Commits $1 Billion to LendingClub’s Marketplace Programs $BTC $XRP $SOL

BlackRock has announced a significant investment of up to $1 billion in LendingClub’s marketplace programs.Since launching its structured certificates programs in 2023, the firm has sold nearly $6 billion in loans.

While LendingClub’s stock (LC) has seen a slight dip of 1% over the past 24 hours, it has surged by over 28% in the last month.

BlackRock, the world’s largest asset manager, also saw a positive shift in its stock (BLK), which rose by nearly 1% on Wednesday and is up more than 4% over the past 30 days.

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