BlackRock CEO "Asset tokenization, a key pillar of next-generation financial markets"

BlackRock Chief Executive Officer (CEO) Larry Fink emphasized that asset tokenization is a technology that will become the center of next-generation financial markets. He evaluated that tokenization will lead innovation in financial infrastructure beyond the speculative realm of virtual assets (cryptocurrencies).

On the 1st (local time), according to crypto-focused media Crypto Briefing, CEO Fink said, "Tokenization is a technology with substantial practical utility that will play a key role in connecting traditional finance and the digital asset ecosystem." He explained, "Tokenization makes asset trading faster and safer and greatly expands market accessibility."

Fink also identified asset tokenization as a core pillar of BlackRock's strategy and expressed a willingness to expand related businesses. He added, "Tokenization technology will accelerate structural changes in financial markets, but careful regulatory design, clear safeguards, and ensuring interoperability with existing systems are absolutely necessary."

Recently, BlackRock has been strengthening investments in virtual asset-based financial products and blockchain infrastructure, while also conducting tokenization research and pilot experiments for institutional investors. The market expects that the moves of the world's largest asset manager will be a major catalyst to accelerate the spread of tokenization.