BlackRock CEO Larry Fink sees tokenization making investing with your phone as easy as payments
BlackRock CEO Larry Fink believes tokenization can make long-term investing as simple as sending a payment via a digital wallet.Summary
BlackRock CEO Larry Fink, in his annual letter, emphasized that tokenization of traditional assets could revolutionize investing by making it as easy as sending a payment through a digital wallet, which half the world's population already carries. Tokenization converts assets like stocks and bonds into on-chain digital tokens, simplifying issuance, trading, and access, potentially democratizing investing through fractional ownership, as he noted last year. This focus on access and scale comes as major financial institutions and regulators, including the SEC and Nasdaq, are actively exploring and testing blockchain technology for tokenized securities and collateral management, signaling growing institutional acceptance of digital asset infrastructure.
(Source：The Block)