PANews reported on October 15th that according to Crypto In America, BlackRock CEO Larry Fink stated in an interview with CNBC that the company is promoting the tokenization of traditional assets such as real estate, stocks, and bonds, and exploring the use of blockchain for ETFs to enable fragmented holdings, accelerated settlement, and 24/7 access. Fink stated that BlackRock's assets under management reached $13.5 trillion in the third quarter, with its ETF platform exceeding $5 trillion. The iShares Bitcoin ETF holds approximately $100 billion in assets and is the fastest-growing and most profitable fund. Fink also revealed that BlackRock is developing internal asset tokenization technology, believing this move will attract more long-term and younger investors.PANews reported on October 15th that according to Crypto In America, BlackRock CEO Larry Fink stated in an interview with CNBC that the company is promoting the tokenization of traditional assets such as real estate, stocks, and bonds, and exploring the use of blockchain for ETFs to enable fragmented holdings, accelerated settlement, and 24/7 access. Fink stated that BlackRock's assets under management reached $13.5 trillion in the third quarter, with its ETF platform exceeding $5 trillion. The iShares Bitcoin ETF holds approximately $100 billion in assets and is the fastest-growing and most profitable fund. Fink also revealed that BlackRock is developing internal asset tokenization technology, believing this move will attract more long-term and younger investors.
BlackRock CEO: Will promote "asset chain" and ETF tokenization
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PANews reported on October 15th that according to Crypto In America, BlackRock CEO Larry Fink stated in an interview with CNBC that the company is promoting the tokenization of traditional assets such as real estate, stocks, and bonds, and exploring the use of blockchain for ETFs to enable fragmented holdings, accelerated settlement, and 24/7 access. Fink stated that BlackRock's assets under management reached $13.5 trillion in the third quarter, with its ETF platform exceeding $5 trillion. The iShares Bitcoin ETF holds approximately $100 billion in assets and is the fastest-growing and most profitable fund. Fink also revealed that BlackRock is developing internal asset tokenization technology, believing this move will attract more long-term and younger investors.
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