BlackRock Sees Tokenization as Next Big Opportunity in Finance

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Asset management giant BlackRock expects traditional financial assets to shift toward a tokenized version of them over the next few decades, according to CEO Larry Fink.

During an interview with CNBC’s Squawk on the Street on Tuesday, Fink said he views tokenizing all assets as the next major move for his company and a good opportunity to onboard more people. 

“If we can tokenize an ETF, digitize that ETF, we can have investors who are just beginning to invest in markets through, let’s say, crypto, they’re investing in it, but now we can get…



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BlackRock Sees Tokenization as Next Big Opportunity in Finance


Asset management giant BlackRock expects traditional financial assets to shift toward a tokenized version of them over the next few decades, according to CEO Larry Fink.

During an interview with CNBC’s Squawk on the Street on Tuesday, Fink said he views tokenizing all assets as the next major move for his company and a good opportunity to onboard more people. 

“If we can tokenize an ETF, digitize that ETF, we can have investors who are just beginning to invest in markets through, let’s say, crypto, they’re investing in it, but now we can get…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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