BlackRock CEO Sees Asset Tokenization as Revolutionary Financial Innovation

Larry Fink, CEO of BlackRock, has hailed asset tokenization as the most impactful financial innovation since the emergence of Exchange Traded Funds (ETFs) in his annual letter released on Monday. Fink believes this technology holds the potential to revolutionize global finance by enabling unprecedented democratization. He predicts that asset tokenization will reshape century-old settlement systems by streamlining asset transfers, including stocks, bonds, and real estate, through instant on-chain clearing. This innovation is expected to significantly accelerate liquidity flow and eliminate delays in capital transfer. 🔒