Bitcoin Magazine BlackRock to Develop Tokenization Tech as Bitcoin ETF Passes $100 Billion in Assets

BlackRock is developing its own technology to tokenize a broad range of assets, from real estate to equities and bonds.

CEO Larry Fink said the global market currently holds more than $4.5 trillion in digital wallets, spanning crypto, stablecoins, and tokenized assets.

“A lot of that money is outside the United States,” Fink said on CNBC earlier today, emphasizing the opportunity for the firm to reach new investors through digital channels.

Fink said tokenization could allow investors who are entering markets through crypto to access more traditional long-term products, such as retirement funds.

“If we could tokenize an ETF, we could get them into the more traditional long-term retirem

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