BlackRock CEO Larry Fink Says Tokenization Is The ‘Next Wave of Opportunity’
BlackRock CEO Larry Fink said tokenization will drive the firm’s ”next wave of opportunity,” predicting that traditional assets will increasingly move onto blockchains over the coming decades. S peaking in an interview on CNBC’s Squawk Box, Fin k said institutions are likely to “start moving away from traditional financial assets by repotting them in a digital manner.” “I do believe we’re just at the beginning of the tokenization of all assets, from real estate to equities, to bonds — across the board,” he said. ” We look at that as the next wave of opportunity for BlackRock over the next tens of years.” CEO of world’s largest asset manager… “We're just at the beginning of the tokenization of all assets.” Yes, includes ETFs. Larry Fink on his positively evolving attitude towards crypto: “I grow & learn.” Good lesson here. And some of you *still* think crypto i...