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Larry Fink, the Chairman and CEO of BlackRock, emphasizes the need to embrace capitalism and rethink the role of the public sector to digitize and decarbonize the economy. Fink predicts the tokenization of all financial assets, with DeFi showcasing the potential of a token-based economy. BlackRock's tokenized BUIDL fund is highlighted as an example of this trend.
BlackRock, $BLK, CEO Larry Fink has said: ‘…the next step is the tokenisation of financial assets, and that means every stock, every bond…’ https://t.co/zVrvFCoC3S
Larry Fink’s 2024 Annual Chairman’s Letter to Investors | BlackRock https://t.co/xCNYIR1Yp5
The tokenization of all financial assets in the world is inevitable DeFi today is simply a case study of what a token-based economy can look like $156 billion of circulating stablecoins have already proven tokenized assets work at scale @BlackRock’s tokenized BUIDL fund has… https://t.co/9hXZKBYpMO https://t.co/z8M9NtCz0H
