The post Blackrock Frames Tokenization as Its Next Multi-Year Opportunity appeared on BitcoinEthereumNews.com. BlackRock’s CEO outlined plans to digitize a wide range of asset classes, including real estate, equities, and bonds Fink also acknowledged that his views have evolved, considering that back in 2017, he called Bitcoin a “money laundering index,” whereas now he refers to it as “digital gold” BlackRock is reportedly creating in-house systems for turning assets into digital tokens, aiming to own the technology itself instead of just using others’ In a recent CNBC interview, BlackRock’s CEO Larry Fink declared that his firm is actively planning to “repot” traditional financial assets, moving them from legacy structures into tokenized versions on blockchains. During the interview, he stated: “So we look at that as the next wave of opportunity for BlackRock over the next tens of years, as we start moving away from traditional financial assets by repotting them in a digital manner and then having people stay in that digital ecosystem. They can have their cash, and we have the largest cash money market fund that’s tokenized called BUIDL.” The BlackRock CEO outlined plans to digitize a wide range of asset classes, including real estate, equities, and bonds. The objective is to improve their accessibility by enabling fractional ownership, accelerating settlement times, and allowing them to be traded around the clock in a digital environment. Related: BlackRock’s IBIT Bitcoin ETF Pulls $2.8 Billion Inflows in Six Days Fink also acknowledged that his views have evolved, considering that back in 2017, he called Bitcoin a “money laundering index,” whereas now he refers to it as “digital gold.” BlackRock is reportedly creating in-house systems for turning assets into digital tokens, aiming to own the technology itself instead of just using others’. Interestingly, since many big investment firms followed BlackRock’s lead with Bitcoin ETFs, this bigger move into tokenization could push the entire industry… The post Blackrock Frames Tokenization as Its Next Multi-Year Opportunity appeared on BitcoinEthereumNews.com. BlackRock’s CEO outlined plans to digitize a wide range of asset classes, including real estate, equities, and bonds Fink also acknowledged that his views have evolved, considering that back in 2017, he called Bitcoin a “money laundering index,” whereas now he refers to it as “digital gold” BlackRock is reportedly creating in-house systems for turning assets into digital tokens, aiming to own the technology itself instead of just using others’ In a recent CNBC interview, BlackRock’s CEO Larry Fink declared that his firm is actively planning to “repot” traditional financial assets, moving them from legacy structures into tokenized versions on blockchains. During the interview, he stated: “So we look at that as the next wave of opportunity for BlackRock over the next tens of years, as we start moving away from traditional financial assets by repotting them in a digital manner and then having people stay in that digital ecosystem. They can have their cash, and we have the largest cash money market fund that’s tokenized called BUIDL.” The BlackRock CEO outlined plans to digitize a wide range of asset classes, including real estate, equities, and bonds. The objective is to improve their accessibility by enabling fractional ownership, accelerating settlement times, and allowing them to be traded around the clock in a digital environment. Related: BlackRock’s IBIT Bitcoin ETF Pulls $2.8 Billion Inflows in Six Days Fink also acknowledged that his views have evolved, considering that back in 2017, he called Bitcoin a “money laundering index,” whereas now he refers to it as “digital gold.” BlackRock is reportedly creating in-house systems for turning assets into digital tokens, aiming to own the technology itself instead of just using others’. Interestingly, since many big investment firms followed BlackRock’s lead with Bitcoin ETFs, this bigger move into tokenization could push the entire industry…