BlackRock (NYSE: BLK), the world’s largest asset manager with over $13 trillion in assets under management, is accelerating its move into onchain finance, signaling that tokenization could become a cornerstone of its long-term strategy.
Speaking during the firm’s third-quarter earnings call on Tuesday, CEO Larry Fink said BlackRock’s internal teams are actively exploring ways to bring traditional finance (TradFi) assets onto blockchain networks, with the goal of making markets more efficient, transparent, and globally accessible.
“I do believe we have some exciting announcements in the coming years on how we could play a larger role in the tokenization and digitization of our assets,” Fink said, hinting at upcoming initiatives that would expand the firm’s digital asset presence.
Fink added that the digital asset market, now valued at over $4.5 trillion, is poised for significant growth, and that tokenization could redefine how capital is deployed and managed across global markets.
BlackRock has already made notable inroads into blockchain-based finance, including its tokenized money market fund launched with Securitize earlier this year and its role in managing Bitcoin ETF inflows, which helped attract institutional investors into crypto markets.
As BlackRock deepens its tokenization research, analysts see the firm’s entry as a potential turning point for institutional adoption, one that could bridge legacy financial systems and decentralized infrastructure at an unprecedented scale.