During its latest earnings call, Larry Fink, CEO of BlackRock, revealed that the firm is actively working to develop proprietary technology for asset tokenization, a move he says could transform how traditional financial instruments are issued and traded.
Fink described tokenization as “probably one of the most exciting potential markets for BlackRock,” arguing that many assets with multiple layers of intermediaries stand to benefit from being moved on-chain. He envisions a future where investors hold stocks, bonds, and other securities directly in digital wallets, seamlessly coexisting with blockchain-based assets.
BlackRock is also exploring ways to tokenize long-term investment vehicles, including ETFs and other traditional products, to reduce execution costs and broaden access for retail and institutional users alike. With over $13 trillion in assets under management, Fink believes the firm’s scale, client trust, and global footprint position it to play a major role in bridging traditional markets and the emerging tokenized economy.