Investment management (IM) leaders have responsibilities beyond managing the issues of the day; they should also position their firms for the future. Part of planning for the future typically entails examining new technologies, when the environment demands. Blockchain is one new technology that should demand IM leadership attention for two reasons. First, this technology has the potential to transform and extend IM business value chains. Secondly, blockchain is in its early stages of development, signaling both risk and opportunity.