Larry Fink, CEO of BlackRock, has been appointed interim co-chair of the World Economic Forum's (WEF) board of trustees, alongside André Hoffmann of Roche Holding. This leadership change follows an investigation that cleared WEF founder Klaus Schwab of material wrongdoing. Fink's BlackRock is notable for holding nearly 750,000 Bitcoin through its IBIT ETF, highlighting the intersection of major financial institutions and the cryptocurrency sector. The appointment marks a shift in the WEF's governance, bringing a prominent Wall Street figure to the helm of the influential global organization founded in 1971. Additionally, it has been noted that Fink has sold most of his BlackRock shares over the past four years, with senior management also liquidating significant holdings recently. Fink has publicly discussed demographic trends and labor market changes, suggesting a future where human labor may become obsolete amid shrinking populations in developed countries.