Larry Fink Calls Tokenization of Real-World Assets a Financial Revolution, Sees Bitcoin as Digital Gold; Trillion-Dollar Companies Bullish

Larry Fink, CEO of BlackRock, has described the tokenization of real-world assets (RWA) as a transformative development in finance. He expressed a bullish outlook on RWA, emphasizing its potential to revolutionize the financial landscape. In addition, Fink referred to Bitcoin as 'digital gold' and highlighted its significant industrial applications. He praised the underlying technology of Bitcoin, indicating a strong belief in its future utility. This sentiment is echoed by industry experts, including Joe McCann, founder of Asymmetric, who noted that Bitcoin has established itself as a foundational blockchain technology. Bernstein analysts predict that Bitcoin will replace gold as the primary store of value within the next decade.