BlackRock CEO Says Tokenization Can Unite Crypto and TradFi

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Former crypto sceptic BlackRock CEO Larry Fink and chief operating officer Rob Goldstein say tokenization will act as a bridge between the crypto industry and traditional finance, doubling down on their support of the sector. 

In an opinion article penned by Fink and Goldstein and published Monday in The Economist, the pair said that tokenization won’t replace the existing financial system any time soon, but predict it will help merge the two industries.

“Think of it instead as a bridge being built from both sides of a river, converging in the…



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BlackRock CEO Says Tokenization Can Unite Crypto and TradFi


Former crypto sceptic BlackRock CEO Larry Fink and chief operating officer Rob Goldstein say tokenization will act as a bridge between the crypto industry and traditional finance, doubling down on their support of the sector. 

In an opinion article penned by Fink and Goldstein and published Monday in The Economist, the pair said that tokenization won’t replace the existing financial system any time soon, but predict it will help merge the two industries.

“Think of it instead as a bridge being built from both sides of a river, converging in the…



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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