
Larry Fink, co-founder and CEO of BlackRock, is reportedly planning to focus on tokenization of financial assets on Ethereum, including starting a 10 figure tokenized fund. This move is seen as part of his legacy to the financial world. Fink has publicly spoken about the inevitability of financial assets being tokenized onchain. BlackRock's involvement with Bitcoin and moving money natively on the internet is expected to unleash significant global GDP growth, according to the CEO of Lightspark. Additionally, there are rumors that BlackRock, along with Citadel, is backing a new stock exchange, potentially related to these tokenization efforts. While regulatory clarity is still needed, the shift towards tokenization seems inevitable.

Probably a coincidence that Mr Larry Fink is talking about asset tokenization while BlackRock, Citadel are backing a new exchange 👀 https://t.co/KyBHEsqRhO
Larry fink wants to tokenize the world, started a 10 figure tokenized fund on $ETH now rumors of new stock exchange 🤔 what if.. $ETH https://t.co/iIbCww2RU0
Every financial asset in the world will be tokenized onchain This is no longer a question of if, but a question of when Larry Fink, co-founder and CEO of @BlackRock, has spoken publicly on numerous occasions about this inevitability While regulatory clarity continues to be a… https://t.co/UR8vwhvE16